#NDX made ATH yesterday and came down. Difficult to call the tops. What I see we need to get higher and have a sharp rejection before we can have a change of trend, meaningful correction.
Price now 12441 within blue zone. If above, resistance are at 12545. 12631 should cap high of move, giving a low risk sell level.
Below 12431, look to sell to 12341-47 and 12221-31. Both are strong support zones and should offer a bounce. 12147 should cap low of day.
Price now 12441 within blue zone. If above, resistance are at 12545. 12631 should cap high of move, giving a low risk sell level.
Below 12431, look to sell to 12341-47 and 12221-31. Both are strong support zones and should offer a bounce. 12147 should cap low of day.
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Join me for free on Patreon (patreon.com/fademeifyoucan) to receive my daily FX and indices trading plan. DM me to join my new group to learn all my trading levels and to trade together.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.