Don't Ignore This Chart!

Watching for Tech Leadership



The tech-laden NASDAQ 100 showed considerable relative strength prior to the market bottom in March 2009.  Should the NDX:SPX relative ratio break above 1.625, I believe it could lead to additional market strength.

-Tom Bowley

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Tom Bowley
About the author: is the Chief Market Strategist of, a company providing a research and educational platform for both investment professionals and individual investors. Tom writes a comprehensive Daily Market Report (DMR), providing guidance to members every day that the stock market is open. Tom has contributed technical expertise here at since 2006 and has a fundamental background in public accounting as well, blending a unique skill set to approach the U.S. stock market. Learn More
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