Minervini on Tops and Selling, The Indexes Are Topping, Adding SPG & XOP to the Year End Trade
November 22, 2020 at 09:30 AM EST
Starting with the Nasdaq, it seems pretty clear that 12,000 is at least very strong resistance. We first pierced it on September 2 and, while bumping up against it since then, have not been able to convincingly break through it in the months since.