July 14, 2020 10:30 PM RSS

The Jim Morrison Trade

  • Wall Street Rebel | Geoff Garbacz
  • 05/08/2018 04:48 PM
The Jim Morrison Trade

The Jim Morrison Trade is my favorite one. What is this trade? It "breaks on through to the other side". Currently, both the Russell 2000 via IWM and the NASDAQ 100 via QQQ are close to breaking out above their
April highs. When that occurs, then the S&P 500 via SPY will follow. Here are the charts:

IWM Chart

QQQ Chart

SPY Chart

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