Pashabxl

NDTW: NASDAQ100 Above 20D Average. Frightening

INDEX:NDTW   Nasdaq 100 Stocks Above 20-Day Average
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Well, the basic NASDAQ is what it is. But on a bigger picture and scale, NAsdaq 100 Above 20 day Average is a very good indicator of the trend.
Bare in mind that the growth rate of US was -1% for 1Q2014... And this despite a low USD, favorable for export, number of jobless decreased, Shell-gas production increased.......
Therefore, the trend is really worrying if not frightening.....
May be the market think that facing this divergent expectations and data, FED would continue with a 4th QE program i.e put an end to the tappering.....
But until when? Why how? How much? None of these questions can find any short term answer....
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