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Nasdaq 100

Started by Melf Elf, July 13, 2005, 04:03:52 AM

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setravis

Nasdaq 100...
Technology
The Nasdaq 100 also displays bearish divergence on Twiggs Money Flow. Reversal below the 2007 high at 2250 would warn of a strong correction, possibly to the long-term trendline.

* Target calculation: 2050 + ( 2050 - 1750 ) = 2350

"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

Technology...
The Nasdaq 100 also rallied, but a stronger decline on 13-week Twiggs Money Flow suggests another test of support at 2200.



"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

setravis

The Nasdaq 100...

Technology
The Nasdaq 100 is headed for a test of primary support at 2200. Bearish divergence on 21-day Twiggs Money Flow continues to warn of strong selling pressure.

* Target calculation: 2400 + ( 2400 - 2200 ) = 2600
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis