Friday 17 July 2020

NDX-100: In consolidation mode with 10288 as support target!

NDX-100: In consolidation mode with 10288 as support target!

Currently NDX is testing the front cloud chart support zone of 10497, with the next key support zone to watch for at 10288! The bearish engulfing candle at the high is still an overall negative for the market!

NDX undergoing a much needed consolidation after a strong multi month rally! The index is up more than 30%/2455 points, since the cloud chart buy signal!


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