Hi,
I love using ratios. Great tool to explore if something is overvalued or undervalued.
All know what QQQ is.
NDTH is Nasdaq stocks percent that are above 200 day average
QQQ/NDTH shows you if market is excited or scared.
At the moment people are FOMOing which is never a good sign.
I will act as per diagonal line. Will update when this is above 18. Thats propably where I will buy again.
You may apply same to SPX/S5TH for SP500
Long story short,
I expect Nasdaq to drop.
I love using ratios. Great tool to explore if something is overvalued or undervalued.
All know what QQQ is.
NDTH is Nasdaq stocks percent that are above 200 day average
QQQ/NDTH shows you if market is excited or scared.
At the moment people are FOMOing which is never a good sign.
I will act as per diagonal line. Will update when this is above 18. Thats propably where I will buy again.
You may apply same to SPX/S5TH for SP500
Long story short,
I expect Nasdaq to drop.
Nota
Nasdaq in the meantime
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.