Friday 24 July 2020

NDX-100: Consolidating back down to front cloud support zone!

NDX-100: Consolidating back down to front cloud support zone!

NDX undergoing a much needed consolidation after a very strong rally from the March lows.

Key support levels expected to be tested are:

  • Front cloud support level at 10499.
  • The cloud chart standard line at 10408, do expect a potential rebound from this level.
  • Another key support level in a weak market where we can expect a potential rebound:10278!



Critical week ahead!

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