NDX Bearish Outlook on 4 Hour Cloud Chart! NDX is down 4.97% (-768 points) since the cloud chart sell signal!

NDX Bearish Outlook on 4 Hour Cloud Chart! NDX is down 4.97% (-768 points) since the cloud chart sell signal! Price action still below the cloud and outlook remains bearish on a cloud chart basis! Key cloud chart support zones are identified on the 4 hour chart.

On the daily cloud chart there is a key support zone at bottom end of the cloud at 14622, if support fails and the NDX trades below the cloud then the NDX is in a correction too with outlook remaining bearish! Need to see support come in at that level, otherwise the rally is over!