|NASDAQ 100 Review|
The Nasdaq 100's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.
Evolution of the Trade. The core long position have yielded numerous opportunities to escalate the core for short-term profits. The last triple alignment ended 9 days ago, and produced a 2-4% profit, and the one before that generated 11%. Point is, take profits, because the core position that follows the primary trend keeps piling on the % points along until it (primary trend) gets old, or the cycles of time and/or energy alter it.
This Review is not a commercial for the Nasdaq 100's core long position. Subscribers are noticing the obvious bagel in the pants after Friday's DI (energy) update. Energy builds are processes, but this setup influences not only the Nasdaq 100 but also stocks and many of the individual names in the COT Matrix.
Please read, because the Big Tech names are a leading sector for US stocks.
Follow me on Twitter or Facebook for further discussion.
Market-driven money flow, trend, and intermarket analysis is provided by an Access Key.