NASDAQ 100

5/13/2019 04:57:00 PM........................author:blue light

USTEC -- NASDAQ 100 -- TF = daily --

The NASDAQ 100 is facing many challenges, and the new set of tariffs will have a tremendous impact on the sector and in names such as Apple Inc [AAPL]. The NASDAQ 100 is trading well below its 20 day MA and just now it is also trading below its 50 day MA. ALERT !! Momentum has stalled, and this sector is under severe pressure and now it is trading below its 20 day MA and 50 day MA. This move lower could be faster than the impulse waves with increased intensity and velocity.