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It is true that we need the Nasdaq to lead the way when we get the rallies like yesterday. When the Nasdaq underperforms the s&p that's always been a sign of weakness for the day. Blame it on higher rates that hurts growth stocks.

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FrankTheTank

@49faithfulprod2

Apr 14

Replying to @MasterBJones

Does Brian or anyone else have any metrics they use on how to determine whether the 50SMA test will fail or not? Is it just the strength of the NASDAQ.

1:13 AM · Apr 15, 2022Twitter Web App

Replying to

What about shorting the NAsdaq on the 50’day sma? Same pattern applies as s&p?

South America Soccer Mom

@Mateo32235722

Apr 15

Replying to

@MasterBJones

Yea but it looks like it can fall down hard but do you think it can re visit the 200 ma once again?

Replying to

The nasdaq is tech and growth so retail is in the nasdaq it's back like that since the 90s without the nasdaq, we are in old school stocks which most don't trade

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