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NQvsSP Rare 50d Breach Yesterday

NQvsSP Rare 50d Breach Yesterday

Today's rally should have been widely expected

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Mike Agne
Sep 09, 2020
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Magnelibra Trading & Research
Magnelibra Trading & Research
NQvsSP Rare 50d Breach Yesterday
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It has certainly been a rare occasion for the NQ vs SP futures spread to breach the 50d MA. How rare? Well so far in 2020 its only done it once before that was back on 3/16/20 when the Nasdaq dropped…

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