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Buy Signal for NDXT, an Unweighted US Technology Index

November 30, 2023

This is a long term chart based on 6m candlesticks but it has just given a powerful, and rare, buy signal. They come about every three years, at least on this chart. I have noticed that 6m candlestick moving average buy signals tend to coincide with Coppock buy signals, reinforcing the bull case.

What is exciting this time around is that we have a huge 'something new' in the form of Generative AI, which could be the killer app for the whole technology revolution. How WOW is that!

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