Kumowizard
Long

Why do I prefer selling $NQ outright and vs $ES ?

133 0 5
Because the spread chart ( SP500             over NAS100             ) clearly shows the multi year overperformance of the Nasdaq100 index is over! Weekly spread chart is bullish over the Kumo cloud, what's more, we possibly have a Heikin-Ashi buy signal this week.

Both index can, and will go either up or down (I think more likely down as I smell some bearish bias), but one thing is very likely: the broad US market will perform better than Tech sector composite. The extreme growth story of last 6-8 years is over!

Trade idea:
1. If you are bearish in general, short Nasdaq100 rather than SP500            
2. If you'd like to trade the relative performance, then buy ESU6 vs selling NQU6 (Sept Spread)

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