The QID trade lost a percent over the last two days and the current gain for this trade is 7.7%. No telling which way the market will move. A little sideways consolidation to relieve the oversold condition would keep the QID rolling. A bullish day or two could cut the bear run short. As of today, the CMI 2.0 is still holding tight to the QID.
Phil on Bloomberg’s Money Talk with Kim Parlee
11 hours ago
