IBD 50 index is an index of 50 top performing growth stocks in the world with high spectacular momentum and top line (top 1%) of fundamentals.
As the market is picking up steam growth stocks lead it – and IBD 50 Index has been picking up. it just cleared its 200 days SMA and has been going up steadily last 3 days.
One positive yesterday is the OBV for TQQQ
Look at the chart below
the OBV is approaching very close to the the march 2019 high – and this is just 1st day of trading for 2nd quarter of 2019 !
I am long on NQ and TQQQ!
happy trading !
happy traveling also !