Discover Top Posts Tagged with #ndx 100

NDX 100 Testing Important Breakout Level!

On the 20th-Anniversary of the very popular NDX 100 ETF (QQQ), it finds itself working on a what could be an important breakout level!

This monthly chart of QQQ applied Fibonacci extension levels to the 2000 highs/2002 lows at each (1). The rally off the 2002 lows saw it reach its 161% extension level last fall at (2), where it created a short-term high and then proceeded to fall nearly 20%.

The…

View On WordPress

#ndx 100 #QQQ #spy

Giant Topping Pattern Could Be Forming, Says Joe Friday

The first fact of the day; The long-term trend for tech remains up and the decline into the lows on Christmas Eve DID NOT break this trend!

This chart looks at NDX 100 ETF (QQQ) on a weekly basis over the past 14-years. For the past decade, since the lows in late 2009, QQQ has remained inside of rising channel (1). As you can see the decline into the end of the year lows, did nothing more than…

View On WordPress

#ndx 100 #QQQ #spy

Simultaneous 200-Day Breakouts Attempts In Play!

Is today the day that four important indices all break above their 200-day moving averages at the same time? Possible!

This 4-pack applies 200-day moving averages to the Dow, S&P 500, QQQ and the Transports. The short-term counter-trend rallies since the lows on Christmas Eve has three of the four knocking on the underside of the long-term moving averages, as the Dow is now above its 200-MA.

Bel…

View On WordPress

#Dow Jones #ndx 100 #S&P 500 #Transports

Tech topping pattern forming? This would blow it up!

Is the popular Tech ETF (QQQ) forming a “Head & Shoulders” topping pattern? Low odds, yet possible!

What would it take to eliminate that this pattern is sending a bearish message to the tech sector? A strong rally at (1), would blow up the likelihood that tech is topping here.

Below looks at the NDX 100 Advance/Decline Line-

The NDX Adv/Dec line did not break below the February lows, while the…

View On WordPress

#ndx 100 #QQQ #spy

This NASDAQ 100 Pattern Could Pump Breaks on the Rally

Tech stocks have come charging back from the late December stock market lows. The 5-week rally on the NASDAQ 100 (NASDAQ: QQQ) has the look of a “V” shaped bottom and has been very lucrative for those that have been a part of this trade higher.

However, if we zoom out a bit, there’s reason for caution here. Or, at a minimum, a reason to monitor tech stocks more closely here.

Case in point, the N…

View On WordPress

#ndx 100 #QQQ

This is where selling pressure could really ramp up!

Even though stocks have been weak of late, breaks of certain price levels could actually trigger much more selling than stocks have seen so far.

This 4-pack applies Fibonacci extension levels to the S&P 500, Dow, Nasdaq 100 and Transports. Each of these indices hit key extension levels earlier this year at each (1), where strong uptrends looked to have potentially ended.

Each index is now…

View On WordPress

#Dow Jones #IYT #NASDAQ 100 #ndx 100 #QQQ #S&P 500 #spy #Transports

Tech Wreck Most Likely Gets Started Here!

This chart looks at the Nasdaq Composite Index (IXIC) over the past 38-years. It has spent the majority inside of the past 25-years inside of rising channel (1).

The Long-term Trend in this index remains up, despite the softness of late.

The rally off the bottom of the channel that started in 2009, hit the top of the channel in September, as monthly momentum reached levels last seen in 2000. The…

View On WordPress

#ndx 100 #QQQ #spy

Tech index facing must hold support test!

CLICK ON CHART TO ENLARGE

This chart looks at the Nasdaq Composite Index over the past 22-years on a monthly basis. The chart highlights that the index has spent the majority of the past 18-years inside of rising channel (1).

The rally off the 2009 lows hit the top of the channel a couple of months ago at (2), where it looks to have created a bearish hanging man patternas it kissed the underside…

View On WordPress

#IXIC #nasdaq composite #ndx 100

#ndx 100

Trending Tags

Recently Viewed Tags

#ndx 100