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Nq_f

BTCUSD & Nasdaq Correlation ($QQQ)I guess it makes sense in some ways, but BitCoin being the currency that it is shouldn't really have such a trend correlation with the Nasdaq 100/$QQQ/$NDX Because of the volatility of BitCoin and the spikes (up and down) being so vastly greater than that of the $NDX, the way they move together isn't necessarily obvious to see...I drew some lines to show some of the more obvious high and low synch-ups, but I tried this out Friday, in terms of trading BitCoin based on how $NQ_F (the Nasdaq Futures) were performing and it yielded some great results. I'm going to continue trying this out and will post again if I see a break in the correlation. Cheers and comments always welcome!
COINBASE:BTCUSD
by androsForm
2
Momentum Names Leading Nasdaq100 ToppingNQ sits above long term channel resistance, and is likely to fall back into the channel this week given the pressure on NQ's weekly RSI, Stochastics and MACD which are rolling over from recent tops. High momentum names like Netflix (NFLX) and Tesla (TSLA) continue leading the topping process on NQ, anticipating the end of US QE in October. Visit goo.gl for today's technical analysis on $VIX_F, $NQ_F, $NFLX, $TSLA, $ES_F, $ZC_F, $NG_F, $CT_F, $USDX, $USDJPY, $EURUSD, $EURCHF Website: tradablepatterns.com FB: facebook.com Stocktwits: stocktwits.com Twitter: twitter.com Linkedin: www.linkedin.com YouTube: www.youtube.com Google+: google.com Email: info@tradablepatterns.com
CME_MINI:NQ1!Short
by TradablePatterns