Replies to post #26081 on Profunds index and sector trading (PRO)

[was Steve]

honestly the two situations are pretty similar. sure the daily trend has been down for a month now and was sideways to up then, but in both cases, the market moved up for a few days. will we surge or purge??? i feel long is wrong below 1515 and market has tried it cant get the job done. bull case is almost out of sand imo