Dr_Roboto

NASDAQ - Weekly time frame MACD at ATH and starting to roll over

TVC:NDX   NASDAQ 100 Index
MACD during dot com bubble was ATH at 486 until recently. NASDAQ MACD currently stands at 549. You can also see it starting to roll over and make a clear tip. Is this the end of the rally or will there be a small down turn and then yet an even higher push like the dot com bubble?

Zooming in will allow you to see the tip/rollover better.

Comments

small down turn......ripping to inane levels going into elections is my guess....especially when stimulus fails to pass
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