Post-Truce Targets

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Since it’s clear that various governments are in full-scale Damage Control Mode (and quite successfully today, as the Dow is up something like 800 points as I am typing this), we can probably expect yet another Trade Truce Victory in the coming days. The VIX has already fallen from the mid-30s to the low-20s, and back into the teens is assured with a trade truce.

Bearing that in mind, these are the kinds of targets on various indexes I would watch for in a “best case” scenario of Good News Everywhere:

Dow Composite
NASDAQ Composite
Dow Industrials
Russell 2000
Dow Transports
S&P 500