Nasdaq 100

Out of the 14 instruments in the equity indices asset class, nasdaq 100 ended up ranking 3rd for the day in terms of price change relative to the previous day.

Out of the 14 instruments in the equity indices asset class, nasdaq 100 ended up ranking 3rd for the day in terms of price change relative to yesterday.

Regarding the trend, note that the strongest trend exists on the 20 hour timeframe.

Given that we see downtrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.

Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.

Given that we see an uptrend on the 20 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.

Or to view things another way, note that out of the past 10 days nasdaq 100’s price has gone up 6 them.

On a relative basis, nasdaq 100 was the worst performer out of all 14 of the assets in the equity indices asset class today.

Beta is the movement of a stock relative to moves of a market index.

And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.