26/07/2012

NAS100.I the tech heavy index in the US has since 2009 lived its own life in a very strong bull market which now has reached its peak after five monthly waves. See picture below. The last 3 months it looks like DOW and SP500 so I am now adding it to my main indexes to see where the stock markets are going.

Here is the monthly trend since 2002. The real strong bull market started in 2009 and I think we have seen the top in March 2012 at 2.754. There is still a technical possibility that the top can be taken but the weekly trend is what is interesting right now in next blog you will see why.

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