Thursday 12 May 2022

NDX100 Index: The great conspicuous consumption bubble finally deflating as the NDX is down more than 27% since the cloud chart sell signal!

NDX100 Index: The great conspicuous consumption bubble finally deflating as the NDX is down more than 27% since the cloud chart sell signal! NDX100 index lost support at a key cloud chart support zone of 13114! Index is now fighting for support at the front cloud chart support zone of 11445 and next key level 11330/11207 on the monthly cloud chart. If support holds at these levels we can see a relief rally!

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