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tech-stocks-repeating-2000-topping-pattern-currently

Posted by Richard640 @ 10:15 on November 11, 2020  

 

Twenty years ago the NDX 100/Dow Jones Ratio created a topping pattern, as monthly momentum was sky-high, as the Dot.com peak was taking place. Following this setup, the NDX 100 fell nearly 90% in less than three years.

The NDX/Dow ratio over the past 90-days is testing the 2000 highs as momentum is back at 2000 highs at (1).

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.