Sunday, 10 February 2019

S&P 500 Index v Nasdaq 100 Index

S&P500 index overlayed with Nasdaq 100 index.

My preferred observations atm: 
  • For this chart, these indices share the same count.
  • [iii] is extended.
  • RSI negative divergence supports that impulsive wave 1 has completed. 
  • RSI positive divergence supports that wave [b] is current.
  • The typical target [iv] awaits the 2.
  • The second chart does not detract.


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