The Traderszone Network

Published in TZ Latest News 8 June, 2015 by The TZ Newswire Staff

Nasdaq 100: Short-Term Neutral Signal and Adam & Eve Double-Top Forming

Before I write my commentary on the SPY/SPX, I wanted to point out a recent Short-Term Trend Model Neutral Signal on the Nasdaq 100 that occurred today when the 5-EMA crossed below the 20-EMA while the 20-EMA was above the 50-EMA. I had been expecting this signal change, so that wasn’t a surprise. What was a surprise when I looked at the chart was a possible Adam & Eve double-top…