Showing posts with label NDX. Show all posts
Showing posts with label NDX. Show all posts

Friday, March 30, 2012

May AAPL ever disappoint? Isn't the stake too high this time?

It seems to me, the AAPL sellers won't wait untill the figures areout in April:


Of course, the Nasdaq100 is highly correlated to AAPL and it seems to be close to at least a big correction:

Wednesday, March 23, 2011

Mid term NDX & DJIA

It seems that Nasdaq100, who was the leader of the Hope rally since March 2009, has finally given up:


But the DJIA is still able to post some new highs, at least at 12600.

Tuesday, February 23, 2010

USD: showing the way

This morning in Europe we have tested yesterday's highs on March's SPX contracts at 1112.75, the same time NDX's ones have missed previous high by about 2 points. Also we've seen a  sharp rally in  all currencies against USD, bringing USD index to its trend line going since mid January.


The price action which actually followed suggests that we have finally rolled over and, at present, entering new phase of dollars appreciation and sell-offs in all classes of risky assets.
 This scenario will be validated by crossing 81.5 on the USD index.

Friday, February 19, 2010

Gap and run

The tittle of my post is the program for today's session in the stock market. Yesterday's one  proved  just merveilleusement my EW count. NDX has stopped right at 61.8% retracement of the intermediate wave 1.
After market FED's announcement proves that they have good EW analysts as well. In any case, the message is pretty clear: "drop stocks, currencies, commodities and run on treasuries". So, don't fight the FED.