WHY IS IT, THAT 90%+ OF THE TIME, IT LEADS THE REST OF THE INDICES AROUND BY THE NOSE OR THE TAIL?
I'VE WATCHED IT FOR YEARS & HAVEN'T GOT IT FIGURED OUT ~ YET! LOL
(WHEN IT HITS A NEW LOW FOR THE DAY... THE REST WILL BACK-OFF & ATTEMPT THEIR OWN NEW LOW. SAME WAY ON NEW HGHS FOR THE DAY.) IT'S USUALLY IN THE ORDER OF: RUSSEL ~ DOW ~ S&P ~ NASDAQ
RUSSEL HIT A NEW LOW FOR THE DAY ~ I'M WATCHING ♫
Great topic for a discussion,Jean!
I know the Russel 2000 is an index that has the 2000 smallest stocks from the arussel 3000 And would likely be more volatile which might also act like a leader
I THINK I JUST SAW MY ANSWER. LOL THE PATTERN IS STILL THERE.
Thanks much, Jean!
THEY'RE STILL BASICALLY IN THE SAME PATTERN, AS ALWAYS @ HITTIN; NEW LOWS FOR THE SESSION. LOL
1. RUSSEL
2. DOW
3. NAS
4. S&P (NOT SALT & PEPPER)
THE RUSSELL JUST MADE ANOTHER NEW LOW FOR THE DAY
WILL THE OTHERS FOLLOW SUIT?
Thanks, Jean!
I'll try to post a chart on this.
Here's some charts for you!
1. 35 years
2. 5 years
3. 1 year
4. 1 month
Dang, that site doesn't allow those products to be copied.
Just go to this link and hit those time frames yourself!
US SMALL CAP 2000
THANKS, MIKE