Comments on: Nasdaq 100 Charts

By: becky

becky — Thu, 16 Jul 2020 17:35:14 +0000

In reply to rsotc. Unfortunately I didn't take this one :/

By: wilhud

wilhud — Thu, 16 Jul 2020 15:21:52 +0000

In reply to wilhud.

Interesting to note some rotation going on…
Nasdaq 100 down 2.7% this week
S&P 500 up 0.6% this week
That puts this week on track to be the worst relative week for $NDX since May 2009

Do we get a reversal of this 18 year theme here?

By: wilhud

wilhud — Thu, 16 Jul 2020 15:11:10 +0000

Any thoughts on TSLA? Valuation totally absurd. But perhaps blow off top done, with shorts cleared and Robin bag holders loaded. I see 42,000 accounts added the day it exploded 20% higher and put the topping candle in.

By: Flanny3

Flanny3 — Thu, 16 Jul 2020 14:54:46 +0000

matter of time randy. bull here pretty much locked in for bear. under the hood aint good…..

By: rsotc

rsotc — Thu, 16 Jul 2020 14:39:05 +0000

In reply to becky.

SNES still needs to take out 2.20 with conviction. Daily price swings of high single-digits & even double-digit percentage gains/losses are common.
SEED is one of the trade ideas that was also first mentioned along with SNES in the June 2nd trade ideas video with numerous updates since. SEED just hit the 10.81 target, rallying 215% since the breaking out & triggering an entry the very next day. https://youtu.be/RJnsP3JU0gI?t=1452
With SEED at my final target with negative divergences now in place coupled with overbought conditions, this is a very objective time to book profits or at least tighten up stops.

By: becky

becky — Thu, 16 Jul 2020 13:50:04 +0000

SNES is doing its own thing today. Nice.