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Look back over the past, with its changing empires that rose and fell, and you can foresee the future too.

— Marcus Aurelius

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Wednesday, September 25, 2019

Nasdaq LONG term chart

NDX 100 cash 2-week chart

The negative divergence between price and RSI is obvious(Higher prices but RSI seems to be trending down)
Rally has accelerated away from the longer-term trend line  (SOLID RED)

Even a correction to the steeper trendline (DASHED RED) would be a 14% decline
A fall to the LONGER term uptrend would be a 30% fall





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