Broad Market Analysis July 28, 2024
What to expect this week in the Broad Market? Trendy Jon covers SPY, QQQ, ES, and NQ futures.
What to expect this week in the Broad Market? Trendy Jon covers SPY, QQQ, ES, and NQ futures.
Friday saw a very strong internal reading for the bulls. It did not look like much on the surface, but when you combine it with where the indexes are and how they have been hammered over the week, this could be a clue for a bounce.
It’s not the day of tech right now, here’s what is moving with the strength in the Dow and Russell and the watchlist for next week.
The weakness in the NQ late in the day pulled down the ES, as the NQ led on the way up, and is now leading on the way down.