The Nasdaq100 has visited the prospective location of the top of Cycle 3.
The last Tech bubble peaked at the top of Cycle 1.
The form of Cycle 4 is highly probable to have alternation with Cycle 2.
Showing posts with label Nasdaq 100 Index. Show all posts
Showing posts with label Nasdaq 100 Index. Show all posts
Saturday, 5 September 2020
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.
