NQ - NNR @ a Negative 26.4%
NQ Q50's were smoked, these provide a good leading indicator for how we
can project an implied range for NQ Q100 GI - the Total correction for the Total decline
will mirror NNR as it has in the past many times.
The NASDAQ-100 Notional Net Total Return Index demonstrates the Breadth
imbalances peaking at 18.8K while turning a low near 16.4K.
This suggests as the Mega Cpa 711s begin to fade, the Q100 will close the Gap as the
lower 50% of the NQ have been severely beaten down. Over time the spread will tighten.
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can project an implied range for NQ Q100 GI - the Total correction for the Total decline
will mirror NNR as it has in the past many times.
The NASDAQ-100 Notional Net Total Return Index demonstrates the Breadth
imbalances peaking at 18.8K while turning a low near 16.4K.
This suggests as the Mega Cpa 711s begin to fade, the Q100 will close the Gap as the
lower 50% of the NQ have been severely beaten down. Over time the spread will tighten.
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