NAS100 has been bouncing back and forth from its 200h MA. Legendary trader Michael Burry once predicted that US500 will reach 1900 before losing 50%. The market was bouncing like this before the NFP, which was issued this week. However, it is important to remember that jobs reports are lagging indicators. The broader indicators have already been weakening.

Nasdaq 100 is an index of the 100 largest publicly traded companies on the NASDAQ Stock Exchange. The index is an important benchmark of large US technology stocks. The NASDAQ 100 was launched on January 31, 1985, and consists of stocks from a wide range of industries. The index was the first electronic exchange, and was launched with a base price of 250. It reached an all-time high of over Which Forex Pairs Cost the Least to Trade on 31 December 1993 before being reset to 125 the following day.

With advanced technical analysis tools, traders can oanda mt4 platform download trends and trade accordingly. The Nasdaq 100 Index gauge is based on the most popular technical indicators, including Pivots, Moving Averages, and Oscillators. Traders can use it for both long and short-term trading.

The Nasdaq 100 is currently in minute wave C of minor wave X. It is expected to fall to 12335 before rising higher during minor wave Y. It is forecasted to reach the 0.786 Fibonacci level. It is possible that the Nasdaq will be lower for a few months.

The NASDAQ 100 is a global index that contains the largest technology companies in the world. It is also one of the most watched global indices. As it is a broad index, investors can gain exposure to a broad range of companies from growth industries without the hassle of monitoring individual stocks. This index is also popular with traders due to its high trading liquidity. This means traders can execute and close positions quickly.