maccabean
Short

Trade of the day #3. Equity markets running out of steam

FX:NAS100   NASDAQ 100 index of US listed shares
The way I see it, is that equity markets, specifically the Nasdaq, are steaming up the hill             , though momentum is declining fast. In fact, the momentum indicator plus Commodity Channel Index show clear divergence. I predict that it will hit the all time high, perhaps even go a little beyond that, but as the net flow of funds are moved from equities to interest bearing investments start to increase, we should see a correction.
elp
a year ago
The all time high for NQ futures is 4884, the FX version is the one you are showing. NQ March contract
snapshot
+1 Reply
elp
a year ago
Here´s the march contract.... other one posted is the june.
snapshot
Reply
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