Record Highs except for the NDX100; should we care?

NDX100 Daily Chart @ Close 11/21/2016

Whilst many a sub- Index & the Benchmark S&P500 + Dow register Record Highs; the High Beta NDX100 not so....for now.
Whether it matters in the brave new world of Trumponomics another matter altogether as it's now all about Nominal GDP Growth with attendant Interest Rate/ Monetary Policy implications & EPS ramifications.
Wait & See approach into year- end may yet be the disciplined one?

NDX100 Correction: "Nothing appears without a sign...."

NDX100 Daily Chart @ Close 11/03/2016

A few weeks past; the NDX100 our 'lead' pony in a market seemingly bereft of signals? The "Outside- Down Key Reversal" WAS negated BUT left a contemporaneous Weekly Shadow that suggested 'vulnerability' best described Equity Markets pre- FOMC, US Elections......hell Facebook 'news' even (L/T 'Short = Our View).
Either way & the Correction is well & truly underway with 'our' 4650 Target (THE WEEKLY) firmly in sight ahead of the NFP's.
Should matters get 'unhinged' beyond that (4650); 4525 & 4450 are quite doable in the current environment.

NDX100 Weekly Key Reversal; should we care?

NDX100 Weekly Chart @ Close 10/14/2016

Finally signs of 'Signs': NDX100 & not the only Index exhibiting 'Reversal' Price Action; the BKX; Emerging Markets (MSCI) & AAXJ (Asia ex- Japan) together with the Commodity dependent but policy lacking ASX200 (unlike the BOVESPA!).
Metals again under pressure & a $ 'surge' basis the 1.5% gain this past Week with the FED talking Arthur Burns type 'policy'!?
Let's not forget the US Bio- Tech 'Train Wreck' unfolding yet again.
Volatility next?

S&P500 Correction back to bottom of recent 'Time' Range.

S&P500 Daily Chart @ Close 10/11/2016

The Reversal Week of 08/19 continues to 'haunt' US Equity markets; Tuesday's sell- off YET to probe the bottom of the range witnessed since 2193 Highs.
2115 Support (38%) keeps the Correction more 'Time Based' than Price (< 4% below 2193); a breach below 2115 & Major 2069 Support (62%) looms with THAT BREXIT GAP @ 2035 from late June in need of a Fill later if not sooner?

Benchmark S&P500 Correction 'rolls on' in Time......not Price?

S&P500 Weekly Chart @ Close 09/27/2016

Whilst the NDX100 negated its Outside- Down Weekly pattern this past Week; the Benchmark S&P500 remains under the 'influence' of the Indecisive Small BUT potentially significant Reversal Week of 08/19.
The MACD remains on a Sell Signal juxtaposed to the Full Stochastic (incomplete Week) but potentially signaling a Test of the 2193.81 High.