SMC Update 5-19-21
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Comments (6)
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Thanks Peter. Please can you tell what's stock symbol for mini Dow futures on tradestation...Thanks
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Really appreciate the detail on the SP500. Exactly what we needed. Thanks
Thank you, Peter. Market is still telling us to be in a holding pattern unless one is a short term investor. Perhaps we will have a confirmed path pointing down by early next week. I say down because to me the major indices and individual stocks look ready to roll over. Could we have a continuous drop across the markets leading to capitulation in summer before turning up and reaching the significant new ATH with a blow-off rally? Let’s see. ?
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The symbol root for the mini Dow is YM ...
Thank you Peter, can you also cover NDX and RUT. These indexes are key components on market direction and I feel that to get a good feel for direction, these lead. All four indexs follow each other. The NDX and RUT lead the market and they will do the same for corrections. Thank you
Peter, just wanted to share a word of gratitude and let you know that your service is being very helpful during what is both an exciting and yet frustrating period in the market. Thank you for your hard work and wisdom.
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