My chart plots weekly performance of NAS100 vs SPX500.
Despite the drop last week NAS100 still looks overbought relative to SPX500. Furthermore, last week's candle formed a doji. A much deeper correction is definitely possible in NAS100.
Despite the drop last week NAS100 still looks overbought relative to SPX500. Furthermore, last week's candle formed a doji. A much deeper correction is definitely possible in NAS100.
