To: rimshot who wrote (417 ) 5/3/2021 10:51:51 AM From: rimshot Read Replies (1) | Respond to of 1118 QQQ / $NDX -- 1st new 52-week price low printed in months on Friday April 30 * one new low on April 30, and bulls need new lows to remain relatively absent - stockcharts.com Nasdaq 100 index minor correction = cumulative net Advance-Decline lineremaining above both the 19 and 39-day EMA's - * a lasting hold by the $NDX A-D line below both EMA's possibly targets the A-D line's 50-day SMA or lower over time, which represents a large percentage price correction for $NDX * bulls need the McClellan Oscillator for the $NDX to bounce in the coming days stockcharts.com A-D line plot vs. the 19 and 39-day EMA's for six indices, including $NDX - stockcharts.com 334.38 = Tuesday April 20, 2021 intraday low Message #417 from rimshot at 4/19/2021 11:44:00 PM QQQ daily - stockcharts.com Ted Burge, who freely shared his work for over a decade at his StockCharts.com Public List, educated 1000's over the years about the benefit of " b rain dead simple " chart analysis for determining low risk entry criteria and ideal exit criteria optimized for the wait & see patient investor/trader Message #382 from rimshot at 3/31/2021 6:43:50 PM Nasdaq 100 index daily chart with QQQ and with Performance percentages over time: * I have drawn a pink horizontal line at $NDX 13,300 level , to mark a potential horizontal inflection price level going forward -- - bullish only if a lasting hold above $NDX 13,300 occurs - bearish only if holding below $NDX 13,300, on a lasting basis * Note: the QQQ vs. SPY daily ratio remains in a pattern of lower highs since early February 2021 stockcharts.com Message #379 from rimshot at 3/26/2021 6:10:58 PM Nasdaq 100 daily cumulative net Advance-Decline line in histogram format - * at a minimum, bulls want the $NDX A-D line to steadily remain above the 50-day SMA stockcharts.com