Nasdaq 100 (NDX) Down $154 Over Past 4 Hours, Tops All equity indices; But Still in a Downtrend Over Past 14 Days

Nasdaq 100 4 Hour Price Update

Updated September 16, 2020 11:16 PM GMT (07:16 PM EST)

Nasdaq 100 came into the current 4 hour candle down 1.35% (154) from the open of the last 4 hour candle, marking the 2nd consecutive candle it has gone down. On a relative basis, Nasdaq 100 was the worst performer out of all 14 of the assets in the equity indices asset class the current 4 hour candle.

Nasdaq 100 Daily Price Recap

Nasdaq 100 came into today up 1.43% (161.11) from the open of yesterday, marking the 2nd day in a row it has gone up. Nasdaq 100 outperformed all 14 assets in the equity indices asset class since yesterday. Congrats to its holders! Let’s take a look at the daily price chart of Nasdaq 100.


Nasdaq 100 Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone up 8 out of the past 14 days. And for candlestick traders, a special treat: there are doji and pin bar patterns showing up on the charts as well. Rejoice!

Overheard on Twitter

Behold! Here are the top tweets related to Nasdaq 100:

  • From KleinmanBHC:

    $QQQ up nearly 3% on the week so far. My math is likely not exact but I have $TSLA having contributed about 0.50% to that all by herself. She may not be in the $SPX, but you better believe she’s an important stock to an important index: the NASDAQ 100.

  • From MotilalOswalLtd:

    The S&P 500 ended with little change, while the Nasdaq 100 fell half per cent for the fifth time in seven days to cap its worst week since March. The tech-heavy index travelled 3% from high to low Friday and is 11% from its Sept. 2 record… #MOMarketUpdates

  • From Francesc_Forex:

    Morgan Stanley 1/4: Over the past few weeks, we’ve finally experienced our first meaningful correction in U.S. equity markets since this new bull market began in March. More specifically, #SP500 is down about 7% from its recent all-time high, while #NASDAQ 100 is down about 11%.