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Nasdaq 3 Month Bearish Divergence Jan 2000 - Jul 2018

Nasdaq 100 Index (NASDAQ:NDX)  
TruthCall  
NASDAQ:NDX   Nasdaq 100 Index
Trend Analysis Chart Patterns Technical Indicators nasdaq100 nasdaq
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trendanalysis chartpattern indicator nasdaq100 nasdaq
Support line began from the last quarter of '95, back tested the following quarter and continued to support the 2000 bubble bottom and 2008 bottom with possible support for the next bottom, Jul 2021, due to over bought condition on the RSI and major bearish divergence. Resistance line formed from the top the Jan 2000 bubble to the current Jul 2018 bubble. Projected time frame for 2021 bottom was taken from the top of 2000 to bottom of 2002, 2.73 years. Short term bearish (2 years). Long term bullish (3-4 years).

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