{"id":438627,"date":"2019-01-07T15:04:06","date_gmt":"2019-01-07T20:04:06","guid":{"rendered":"https:\/\/goldtadise.com\/?p=438627"},"modified":"2019-01-07T15:04:06","modified_gmt":"2019-01-07T20:04:06","slug":"nasdaq-100-vs-gold-backtest-before-the-rocketship","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=438627","title":{"rendered":"Nasdaq 100 vs Gold: Backtest Before the Rocketship?"},"content":{"rendered":"<p>It appears the Nasdaq 100 vs Gold ratio backtested a long term neckline in December 2018. If this backtest holds, historical record indicates a possible revisit to the 2000 peak ratio of 17.0, when the Nasdaq 100 was valued 17 times greater than the price of Gold. <\/p>\n<p>A retest of the 17.0 ratio level while Gold remains static at 1285 implies an upside target valuation of 21845 for the Nasdaq 100. This is 236% higher than the Nasdaq 100&#8217;s current valuation of 6485.<\/p>\n<p>As long as the backtest holds and the NDX:GOLD ratio remains above that 20 year support line, consider me an NDX Bug on the windshield of the next Tech Bubble rocketship! -Harry<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2019\/01\/NDXGOLD-800x506.png\" alt=\"\" width=\"640\" height=\"405\" class=\"alignnone size-large wp-image-438631\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2019\/01\/NDXGOLD-800x506.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2019\/01\/NDXGOLD-150x95.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2019\/01\/NDXGOLD-300x190.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2019\/01\/NDXGOLD.png 1000w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It appears the Nasdaq 100 vs Gold ratio backtested a long term neckline in December 2018. If this backtest holds, historical record indicates a possible revisit to the 2000 peak ratio of 17.0, when the Nasdaq 100 was valued 17 &hellip; <a href=\"https:\/\/goldtadise.com\/?p=438627\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2894,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-438627","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/438627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2894"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=438627"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/438627\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=438627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=438627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=438627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}