(QQQ, NQ1!) NASDAQ 100 Index and Futures - Technical Analysis, Major Market Index!!

all right

here’s qqq the nasdaq basically a major

market index consisting a little bit

more of tech related things that’s

pretty cool

it tends to outperform the s p in both

directions as we were stating earlier it

was the first of the four major art

market indexes to be touching that

support and it’s also gained the most

since that june 17 price point a great

place to be highly recommend being in

this one if you had to pick between the

four i would maybe be in the nasdaq um

where are we expecting it to go we are

expecting to see a gain of over 88

of a major market indexes think about it

guys

think of all the individual stocks

you’re holding when this thing runs up

88

how ballistically huge and massive do

you think your individual stocks are

going to be running up

that 100 can equate to 5x in in your

underlying so 88

you could see underlyings run as much as

400 percent from their current

i’m just saying

right now currently projecting way up

here right here 526.

did you want that represented in futures

we have that represented too we track

not only the indexes but they’re related

derivatives this is their future

specifically and q1

um

one uh what uh what i want to uh

exclamation point

yeah

the futures we’re expecting to run again

88

exact same because they are the exact

same that would be 21 680 on nasdaq

futures

that’s where you want to be

the nasdaq offers a dividend of 0.57

percent

it’s all right it’s all right um

not bad not as much as like maybe ibm or

something but that’s an individual

company that’s not even a fair

comparison i’m just opening a window

real quick um

one second

again so this is the nasdaq

we’re displaying very similar patterns

across all four of the major market

indexes

as you can see bouncing at that weekly

180 it’s done in one

two you can it has to have the priors

one two

three here’s another one i’ll mark it

right now even

here’s another one

2008

as you can see it just goes

tried and true it’s just

how they move

flawlessly ran through that weekly 20

moving average not an issue completely

easy cut through like butter no

resistance

again mostly tech related we have our

rsi at the bottom here swooping up

touch the support right where we said it

would that late june area

rocketed right up rsi pointing up that

is a bullish symbol now let’s look at

the rsi again in the historical price

history

the nasdaq as well as the other four

major market indexes

will go down you have your entries and

then it’ll run up

up and notice how it lingers up here up

up and it’s rising it’s rising it’s

rising the rsi’s sticking here it’s

rising

the rsi

basically stays up for a very long time

when these major market indexes go same

can be said here same can be said right

through here you see that

the rsi will go down touch support real

quickly real quickly it doesn’t stay at

the bottom very long but it what happens

is it’ll run right back up and it’ll

stay up isn’t that an interesting little

detail that happens with qqq spy russell

dow all those

so that’s something to keep in mind

expecting the follow through

through all-time highs

and that’s qqq

oh