XJO 0.11% 7,860.3 s&p/asx 200

Its very uncommon to get a rapid 400 pt rise on the NDX futures,...

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    Its very uncommon to get a rapid 400 pt rise on the NDX futures, and then get it all smacked down as quickly. Bears seem to be well and truly  out of their caves now.

    The futures daily chart also shows that it touches down to the 200MA at most every six months, and  the last time it did that was Oct 2023.  Looks to me to be the season to be shorting..

    upload_2024-5-2_9-0-16.png
 
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