INDEX:NDFI   Nasdaq 100 Stocks Above 50-Day Average
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THIS INDEX CAN BE USED IN 3 WAYS: short term overbought / oversold, .starting of a bear market and divergences for reversals.Currently there is a oversold & short term divergence so we could have a short term counter trend upside.

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Agreed.
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Agreed.
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Followed.
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....comment should have read : "starting of a bear or bull market".
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