EvanMedeiros

Nasdaq-100 Riding on/below lower Bollinger Band Daily & Weekly

NASDAQ:NDX   Nasdaq 100 Index
After 4 days of intense selling, we're back to new cycle drawdown lows in the Nasdaq-100. Meanwhile, the selling has pushed us below the lower Bollinger Bands on multiple time-frames (weekly chart left and daily chart right). It's nasty out there.

Evan Medeiros
Founder, Trade Risk
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