WTF Chart of the Day: Nasdaq 100 Back In Year 2000By on 2014 Feb 13 Thu 21:14:44
This is another way to look at year 2000, from the Nasdaq 100 index future perspective.
Following chart is Emini S&P and Emini Nasdaq 100 back in year 2000 from January to March.
People mistaken that I am a bear.
From the chart above that zoomed out quite a bit from the last one you can tell that I am really a hidden bull at least until sometime in March.
Now the more interesting thing is the dynamics between S&P 500 and Nasdaq 100.
Why I was not surprised today when NQ was making new high?
Take a look at the 30-min zoom in you will find the answer.
If it is going to be like year 2000, this coming 4 weeks will be very difficult to trade when S&P and Nasdaq 100 decouple from each other.