nmike

qqq 100 stocks above 50MA>>KEY SUPPORT WATCH

INDEX:NDFI   Nasdaq 100 Stocks Above 50-Day Average
282 5 1
INDEX is on the verge of breaking down.At moment the DPO is below the mid point. A break below support would signal a medium term DOWNTURN in the Q's.>>>>DIVERGENCES are very effective with this INDEX ,especially when they occur at the bottom or top of the BB(100). Great Index to watch for the short to medium term swing trader.
Thank you for the update.
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Index is bullish. Above100MA. DPO above mid point.
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