Aug. 9 at 2:02 PM
The Next Gen NASDAQ 100
$QQQJ with only 2500 followers looks much stronger than the current NASDAQ 100
$QQQ with its massive 278,000 followers. Over the summer the QQQJ printed higher highs and higher lows in contrast to the QQQ printing lower highs and lower lows. The momentum oscillators show strength from April lows to present in the QQQJ while the QQQ shows flat.
Another interesting note is when the QQQs gapped above its 20-day this past Tuesday, the QQQJ was already above its 20-day.
QQQJ constituents include
$TEAM $NTRA $NTAP MDB RVMD ZBRA NDSN ILMN