Trend(Daily/Weekly/Monthly): Up/Up/Up
$NDX hits ATH yesterday. Price on monthly is over-extended but without a daily short setup, can't be too bearish.
My bias zone is 12672-99.5. Still looking for a pullback before further up.
Above R are 12725.9, 12778.6. 12845.1 should cap high of December/2020.
If 12672 breaks, look for shorts to 12645, 12623, 12595 and 12511-21. 12595 and 12521 are support zones, which could offer a bounce. Below is 12459.4 and 12421.3 should cap low of day.
$NDX hits ATH yesterday. Price on monthly is over-extended but without a daily short setup, can't be too bearish.
My bias zone is 12672-99.5. Still looking for a pullback before further up.
Above R are 12725.9, 12778.6. 12845.1 should cap high of December/2020.
If 12672 breaks, look for shorts to 12645, 12623, 12595 and 12511-21. 12595 and 12521 are support zones, which could offer a bounce. Below is 12459.4 and 12421.3 should cap low of day.
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