The nasdaq is beginning to consistently demonstrate reluctance to lead the market...this has been exacterbated today and if it does not change will likely lead to significant divergences that will likely turn the market trend.
Check out this chart of QID.
Leading Index for Commercial Real Estate Increased 7% in June
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From Dodge Data Analytics: Dodge Momentum Index Expands 7% in June
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, grew
6.8% in June...
6 hours ago