NASDAQ vs. DJIA: Does the Recent Divergence Matter?
by Editorial Staff
Updated: August 07, 2020
"The NASDAQ nearly doubled in the last 100 days of its rally."
This quote sounds like it's from 2020, doesn't it?
After all, since its March bottom near 6600, the NASDAQ has rallied to a new record high. Low to high, it has indeed "nearly doubled."
And yet, the quote above is not new. It's from the year 2000.
Yes, the divergence between the NASDAQ and DJIA -- one makes a record high, the other one doesn't -- is something we've seen before.
And it tells you a lot about the next move in stocks
This excerpt from our new, August Elliott Wave Financial Forecast explains.
Free, read it now and see 4 eye-opening charts.