Trend investing the Nasdaq 100 Index (NDX) we can see in the stock chart below the breakout over the January reversal that happened on the 24th. February is trading over the January High. The Nasdaq 100 Index has strong long term Upward momentum over a 40 week moving average, in excess of a 20% annualizedContinue reading “Trade Signals – Nasdaq 100 Index”
Equity Indexes S&P 500 Index (SPX) has crossed below the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Below trend for Equities Nasdaq 100 Index (NDX) continues trading above the 200-day Moving Average Trend of a 20% annualized rate of growth: Signal – Above trend for Equities Gold Miners IndexContinue reading “Trade signals 01-31-2020”
The S&P 500 Index has bounced off of support of $3,235, and, is trading well above the benchmark of a 20% annualized rate of growth (CAGR) over a 200 day moving average, as depicted in the two stock charts below.