Friday, 16 October 2026

Nasdaq Composite, NDX100 , NDXE and NDXX Cloud Chart price action review:

 Nasdaq Composite reached the first downside Cloud Chart support target. Potential rebound here, if support fails, next downside target Cloud Span B, the bottom end of the Cloud! 













NDX100 reached the Cloud Span A downside target. Looking out for a rebound here, if it fails, then the next support zone is Cloud Span B the bottom end of the Cloud.











NDXE Nasdaq equal weighted index rebounded from an old Cloud chart support zone and is now close to the bottom end of the Cloud resistance zone! Need to see a breakout past Cloud Chart resistance to be back in bullish zone!



















NDXX: Nasdaq 100 excluding tech rebounded strongly below the Cloud and is now getting closer to Cloud Chart resistance zone! Need a breakout past The bottom end of the Cloud to be back in bullish zone! Critical month ahead!


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