Monday, September 27, 2021

#Nasdaq100 Review $QQQ #NQ_F

NASDAQ 100 Review
Those that view the message of the market on a daily basis are likely confused by trading noise. While trading noise contributes to the long-term trends, it does not define them. Human behavior tries to explain trading noise as a meaningful trend. This confuses the majority which, in turn, contributes to their role as bag holders of trend transitions.

The Nasdaq 100's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.

Subscriber Comments

Nasdaq 100's primary trend has been up for 32 months and 113%. The big tech stocks have been a consistent performer for subs following the 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.