Nasdaq 100 Stocks Above 20-Day Average

INDEX:​NDTW
 
     
 
     
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Pashabxl Pashabxl PRO NDTW, D, Short ,
NDTW: NASDAQ: SHORT for a correction at least
68 0 1
NDTW, D Short
NASDAQ: SHORT for a correction at least

Nasdaq is over performing. STOCH is at the overbought level. Confirmed by VIX index as well. The market was and is too overconfident but there are initial signs for a reversal at least for the aim of a correction if not more.

Pashabxl Pashabxl PRO NDTW, D,
NDTW: NDTW: NASDAQ100 Above 20D Average. Frightening
27 0 0
NDTW, D
NDTW: NASDAQ100 Above 20D Average. Frightening

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 ...

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