Thursday, 2 July 2026

Nasdaq Composite & NDX100 Index Consolidating after hitting targets! The risk shows up in the NDXX!

  Nasdaq Composite & NDX100 Index Consolidating after hitting targets! The risk shows up in the NDXX!

Market consolidating after hitting targets and becoming extended from Cloud Chart support zones! Now consolidating with risk that we could retest the 23% and 38% FIB retracement levels. Major risk is still in the NDXX as this index is still bearish, but fighting Cloud Chart resistance! But overall a healthy correction with the Cloud as a major support zone!


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