Nasdaq 1000

If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe.

My guess would be slight pause but it’s a bullish index.

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

Of note is that the 20 hour changed directions on ndx; it is now pointing down.

Nasdaq 100 outperformed all 14 assets in the equity indices asset class since yesterday.

If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe.

Out of the 14 instruments in the equity indices asset class, nasdaq 100 ended up ranking 8th for the day in terms of price change relative to yesterday.

Relative to other instruments in the equity indices asset class, nasdaq 100 ranked 12th since the previous day in terms of percentage price change.

Buy when the trend goes up, hold when the trend continues and sell when the trend reversed.

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.