Any which way you draw it, all roads lead to Tendie Town!
Long story short: If it breaks out above 2k and VAH, it won't get resistance until 2200. Then after that we're looking for 2.5k->3k on our way to Tendie Town!
I see limited downside here, maybe 1900/1850; but worst case scenario it catches support at 1500 or 1750 area and we just make even more money as it runs back to Tendie Town! Choo Choo!
I see limited downside here, maybe 1900/1850; but worst case scenario it catches support at 1500 or 1750 area and we just make even more money as it runs back to Tendie Town! Choo Choo!
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Last 2 weeks, seeing heavy rotation out of megacaps, into smaller caps.
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We see where Wall Street accumulated RTY a few months back