BraVoCycles
BraVoCycles
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BraVoCycles

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Editor of Market Twists & Turns — delivering unmatched stock, crypto, commodities, and forex analysis using a unique blend of Cycles, Cycle Price Projections, Elliott Wave Theory, plus technical & sentiment tools. With 30 years in financial markets, I help you anticipate turns, ride waves, and stay ahead of the crowd. Subscribe for real-time analysis and insights. Not a financial advisor.

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Joined on 25th February 2026

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NASDAQ 100 Technical Analysis

  • Spinning top (near-doji) inside previous bearish candle. What it means?
  • Initial buying after the gap up was met by selling pressure, signified by the long upper wick. "Dumb money" was buying after the violent bounce in the futures, "smart money" was selling. Although the spinning tops and dojis are indecision days in the middle, overall this is mildly bearish, awaiting next candle's confirmation.
  • About 55% and 45% of NASDAQ 100 stocks are below the 50D and 200D MAs, respectively.


Margin Debt tops lead SPX tops.

Margin Debt made a lower high in September.

We will see whether October data stays below the high, creating a negative divergence. If so, it would be bearish.


SPX vs McClellan Summation Index (MCC SI)

MCC SI, the trend indicator, curled up, but it did not help SPX.

A red flag? I suspect that the MCC SI will curl down after a bounce.