ajtj's Post-Lobotomy Market Charts and Thoughts Message Board

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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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ItsAllCyclical

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yard_man

To: yard_man who wrote (57)	4/29/2020 11:11:12 AM
From: ajtj99	3 Recommendations of 98164

Yup, the RUT/IWM was up big yesterday and today (as well as the MID/MDY). This is indicative of greater breadth, which was a concern coming into this week as the FAANGM stocks had dominated the gains off the lows. This is a bullish event, and should be interpreted as an expansion of the bullish move, IMO. The NYAD is at 2495 today, within 20% of the highest it can go from my eyes, a further example of the strength. We are getting close to 2934 SPX, but the charts still have room to run, so we may blow past that.

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