NASDAQ 100: vGRE* Statistics & Analysis for Week of 5-Jul-2021

Volume-weighted GR-Estimator for NASDAQ 100 Entry/Exit Points.

Presented here is Risk-Cybernetics applied to the GR-Estimator as a technical indicator for NASDAQ 100 (NDX) which includes trading volume and golden-ratio segments as input parameters, computed with genetic-optimization.

NDX (candlesticks) from 1-Jan-21 to 2-Jul-21.
  • The Volume-weighted GR-Estimator (VWGRE or vGRE*) incorporates a random parameter optimization function based on the Golden-Ratio (GR) where GR≈1.618.
NDX: VWGRE from 1-Jan-21 to 2-Jul-21 (green).
  • For the week of 28-Jun-2021 to 2-Jul-2021, there was no spike in vGRE* but a gradual reduction over the last four days, indicating price stability and yet with a potential upside.
vGRE*-CR from 1-Jan-21 to 2-Jul-21.
  • For the week of 28-Jun-2021 to 2-Jul-2021, there are no anomalies for vGRE*-CR. Based on 2021 YTD, a breach of the CR-statistic range of -0.5 to 0.5 signals a change in price direction. Hence the CR-statistic of -0.5 on Monday (28-Jun-2021) signals caution.
Sig from 7-Jun-2021 to 2-Jul-2021.
  • For the week of 28-Jun-2021 to 2-Jul-2021, there are 3 buys and 2 sells that alternate beginning with a buy/hold signal on Monday, which is a sign of caution and yet with an overall buy/hold signal.

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