DJIA 7/3/17 Top Could Be a Final Top
This is a an update to my 7/3/17 post recommending shorting the NDX.
In that post I noted the DJIA could make another all-time high on 7/5/17.
The early day decline of the DJIA has now put that forecast in doubt.
Keep watching the DJIA vs. NDX today.
If both rally into the 2:00 PM -ET release of the FOMC minutes this could be a great opportunity
to short the weaker NDX index.
Wait until after 2:00 PM - ET to short NDX.
Mark
In that post I noted the DJIA could make another all-time high on 7/5/17.
The early day decline of the DJIA has now put that forecast in doubt.
Keep watching the DJIA vs. NDX today.
If both rally into the 2:00 PM -ET release of the FOMC minutes this could be a great opportunity
to short the weaker NDX index.
Wait until after 2:00 PM - ET to short NDX.
Mark