cyrusgr8

NASDAQ 100 comparison NOW to Feb-Mar 2000 Dot-com Crash!

Long
TVC:NDQ   US 100 Index
NAS100USD
NDQ
QQQ

This historical review of the Dot-com crash is instructive to compare to price action now to then.

As noted in my last NASDAQ idea (just posted - see link below), the MACD diverged strongly in Feb-Mar 2000 on the way up before the Dot-com crash began.

MACD is rising with prices now and has not shown any divergence.

This again means the current drop is just a correction and not the start of THE bubble burst/crash.

New highs are coming after the correction is over.

Good luck everyone :)
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