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Nasdaq Is Losing Its 20 Years of Leadership?

Ming Jong Tey
2 min readJan 17, 2022

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Based on the relative strength against the S&P 500 (SPX), Nasdaq Composite (IXIC) is about to lose its 20-years of leadership.

Watch the video below to find out:

  • Why Nasdaq is losing its 20-years leadership based on the relative strength chart
  • How to use Point & Figure chart for price target projection to confirm if there is further upside
  • Two potential scenarios to happen when Nasdaq become an underperformer
  • And many more…

Click and watch the video below on YouTube (Pro Tip: adjust the speed to 1.5–2X):

Also find out why I hold a contrarian view to JPMorgan’s stance on gold price below:

Safe trading.

Ming Jong Tey

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Ming Jong Tey
Ming Jong Tey

Written by Ming Jong Tey

I am a Wyckoff trader who practice kaizen in trading. Get Weekly Market Outlook & Best Trading Advice straight to your inbox: https://www.tradeprecise.com/

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