Nasdaq 100

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Technology
The Nasdaq 100 encountered resistance at 1500, but remains stronger than the Dow and S&P 500. Breakout above 1500 would signal another primary advance with a target of 1600 — calculated as 1300 + ( 1300 - 1000 ). Reversal below 1340 is unlikely, but would warn of a secondary correction. Twiggs Money Flow (13-Week) rising above 0.25 would confirm a primary advance.

[setravis]

Technology
The Nasdaq 100 broke through resistance at 1500 to signal a primary advance to 1600. A Twiggs Money Flow (13-Week) rise above 0.25 would confirm.

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Technology...
The Nasdaq 100 broke short-term support at 1800, indicating another test of support at 1725. Failure would confirm the primary downtrend. 63-day Momentum Oscillator declining below zero strengthens the bear signal.

[setravis]

Technology...

The Nasdaq 100 is headed for a test of 1920; breakout would signal an advance to 2050*. Twiggs Money Flow (13-week) respect of the zero line indicates buying pressure. Reversal below 1770 is now unlikely, but would warn of a primary down-trend.

Target calculation: 1920 + ( 1920 - 1770 ) = 2070

[setravis]

Technology...

The Nasdaq 100 is headed for a test of 1920. Breakout would signal an advance to 2050. Twiggs Money Flow (13-week) respect of the zero line indicates buying pressure. Reversal below 1770 is now unlikely, but would warn of a primary down-trend.

Target calculation: 1920 + ( 1920 - 1770 ) = 2070

[setravis]

Technology...

The Nasdaq 100 broke resistance at 1920 and is advancing to 2060*. Twiggs Money Flow (13-week) respect of the zero line indicates buying pressure. Expect retracement, however, to test the new support level in October.

Target calculation: 1920 + ( 1920 - 1770 ) = 2070

[setravis]

Technology...
The Nasdaq 100 is headed for a test of resistance at 2060. A strong rise on Twiggs Money Flow (13-week) indicates buying pressure. Breakout above 2060 in October would test the 2007 high of 2250*.

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

[setravis]

Technology...

The Nasdaq 100 respected support at 2060, signaling an advance to the 2007 high of 2250*. The sharp rise on Twiggs Money Flow (13-week) indicates strong buying pressure.


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

[setravis]

Technology...
The Nasdaq 100 is headed for a test of its 2007 high of 2250. Twiggs Money Flow (21-day) in an up-trend above the zero line indicates strong buying pressure.

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

[setravis]

Nasdaq 100

Technology...
The Nasdaq 100 broke through its 2007 high at 2250, signaling a fresh advance. Twiggs Money Flow (13-week) troughs high above zero indicate strong buying pressure.

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

[setravis]

Nasdaq 100...

Technology
The Nasdaq 100 is holding above its new support level at 2250; a positive sign. Rising Twiggs Money Flow (21-day) indicates buying pressure.

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

[setravis]

Nasdaq 100...

Technology
The Nasdaq 100 respected its new support level at 2250; a positive sign. Rising Twiggs Money Flow (21-day) indicates strong buying pressure.

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

[setravis]

Nasdaq 100...
Technology
The Nasdaq 100 is also advancing but there is a bearish divergence on Twiggs Momentum. Penetration of the rising olive trendline would confirm that momentum is slowing and warn of a correction. Rising Twiggs Money Flow (21-day), however, continues to indicate buying pressure.

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

[setravis]

Nasdaq 100...

This stock market index contains 100 of the largest domestic and international non-financial companies listed on the NASDAQ stock exchange. The NASDAQ 100 is a modified version of a market value-weighted index, where each company's weight is based on their market capitalization with certain restrictions applied in capping the influence of the largest companies. There are no financial companies in the NASDAQ 100, but it does include companies in Canada, Israel, India, Singapore, Sweden, Switzerland, and Ireland.

There are a number of standards a company must reach in order to be listed in this index including: being listed only on the NASDAQ (either the Global Select or Global Market tiers), must be listed for 2 years (or must meet market capitalization standards), have an average daily volume of 200,000 shares, be current in its reports and not be in bankruptcy proceedings. While there may be changes in the components in the case of delisting, the NASDAQ 100 is rebalanced once a year when its companies are reviewed then publicly announced.

[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 correction to the long-term trendline.


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