butting in as i always do, i see spx underperforming on next leg down relative to ndx historical relationship, but i dont see the actual drop % of spx being more than ndx. both down X% would be about best case.
i also dont see spx dropping that far. if it did hit 1028 then ndx would be closer to 1250 for a low than the 1330-1350 im looking for.
curious to see how AI responds as i meant to ask a similar question
I cannot say that the NDX would drop by 15%, but 1262 is a possible FIB target to coincide with 1028 in the SPX. We will just have to see where the NDX is at when the SPX is at 1028. FWIW
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