Systematic Movement In The Nasdaq-100

2024-04-29 / David Starr

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Stocks have a way of moving systematically from Voodoo Line to Voodoo line. That systematic movement saw NDX making an all-time high at a Voodoo fireline in March, and then dropping to support at a Voodoo snowline. While the lines don’t tell us with certainty what will happen next, they highlight a pair of paths and give us a way to evaluate which is likely being followed.

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David Starr

After finding success in the business world and pursuing the entrepreneurial path, raising venture funding, and taking companies public, David began a more active trading career about 12 years ago.

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