nikop

NASDAQ 100 IS IN A VERY INTERESTING AREA

CME:ND1!   Nasdaq 100
247 3 4
NASDAQ 100 IS IN A VERY INTERESTING AREA - two scenarios :

1. down to 2000 - 1000 area

2. up to new all time highs > 5000
We have been trading on FED policy since the Jackson Hole meeting in August 2009.IMHO. The biggest gyrations on this massive bull run has been on FED events thus my theory. Apple will play huge on the NQ's and desperately needs a new approach as they are loosing market share on their I phones which makes up half their business. Smart Phones are now becoming heavily pressured by cheaper versions of their I phone.especially in the emerging markets..
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Good To See Someone Doing Volume At Price Analysis. I was waiting to see others interest before I started posting. Through Years of Experience I've found Major Institutions respect the High and Low Volume areas going 1 year back. I see Worse Case Scenario around 2900. With a likely bounce off the two areas around 3100. If we make lower highs from there then we could see a fall to the lower areas.

snapshot
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TradeSmarter
2 years ago
Agreed. I'm thinking it is getting close to start shorting it.
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