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US 100 Index

Is Nasdaq doomed?

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For the first time, ever, as a species, immortality is in our reach.
Oops forget it, this is from another script.

For the first time, since quite some time, NDX's RSI is almost ready to:
Close below 50, retest 50, and drop below it yet again.
Only 10 days for it to change its mind. Maybe the point of no return is long-gone...

Tread lightly, for this is hallowed ground.
-Father Grigori
Catatan
Look at a curious similarity: (Charts on different timeframes)

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Catatan
Line pattern is taken with a beginning in 1990 and includes the .com bubble.
It is just stretched horizontally. We are in a big but tough bubble which will take quite some effort to deflate.
"We know it will be a long recession. We don't know how deep it will be."

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Catatan
Look at this Head and Shoulders that is shaping in the RSI of SPX
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Catatan
Why has NYA taken such a peculiar shape the past couple of years?
It is very squashed upwards, like a ball, and is moving very fast downwards. Very weird...
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DJIDXYNASDAQ 100 CFDSPX (S&P 500 Index)Trend Analysis
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