Equities bottomed early on Wednesday the 26th and rocketed higher, partially undoing the damage for the Christmas Collapse. The DOW managed to tack on about 1500 points to its low, and I suspect equity bulls will enter 2019 limping but relatively optimistic.
As I look at the charts, some of them make me wonder “is that all they’ve got?” In other words, it only took a few trading days to push prices back up to shortable levels, such as with the Invesco NASDAQ (NASDAQ:QQQ):
Read more at : https://www.investing.com/analysis/so-is-that-it-200371764
