thecharttechnician

NDX PnF Chart Outlook.

TVC:NDX   NASDAQ 100 Index
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1
High Pole formation(high pole be seen as a short term reversal ) within a major uptrend with price as well as 45 degree trendline supports holding nicely best describes this beast.
Watch the first price support as well as the 45 degree up trendline from here on for further potential weakness.

As long as the trendline holds NDX is a charging bull...

Comments

Good evidence is given that the chart also shows up when price-action is ripe and point-figure triggers, thanks for sharing.
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