Nasdaq 100 Index (NDX) News

shorter than my short shorts

$NDX MASSACRE ON TECH, RUNNING FOR THE HILLS

*****THE MARKET CAN NOT RECOVER WITHOUT THE FANG STOCKS AND TODAY WITH THE INCLUSION OF OTHER HIGH FLYERS THEY ARE ALL GETTING MASSACRED, AS THE WALL OF WORRY GETS HIGHER AND HIGHER BE VERY WARY OF ANY BOUNCE AS TECHNICALS ARE BROKEN*************

NDX Technical Chart from NorthmanTrader.com:

https://northmantrader.files.wordpress.com/2015/11/ndx.png

I wanna get under 2200 again

NDX weekly charts with Fibonacci Simple Moving Averages

Gerald Appel recommends
an 8-17-9 MACD to generate buy signals
and a 12-25-9 MACD to confirm a sell signal for a stock which has had a strong bullish move.





Stockcharts will not produce a 610 period simple moving average; 600 substituted for 610.


Phi and the Fibonacci Series

http://goldennumber.net/classic/fibonser.htm

Leonardo Fibonacci discovered the series which converges on phi

In the 12th century, Leonardo Fibonacci discovered a simple
numerical series that is the foundation for an incredible
mathematical relationship behind phi.

Starting with 0 and 1, each new number in the series is simply
the sum of the two before it.

0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610 . . .

The ratio of each successive pair of numbers in the series approximates phi (1.618. . .) , as 5 divided by 3 is 1.666..., and 8 divided by 5 is 1.60.

The table below shows how the ratios of the successive numbers in the Fibonacci series quickly converge on Phi or (|) . After the 40th number in the series, the ratio is accurate to 15 decimal places:

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