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NDX: 1M Timeframe Overview

Nasdaq 100 Index (NASDAQ:NDX)  
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NASDAQ:NDX   Nasdaq 100 Index
Support and Resistance Fibonacci Moving Averages NASDAQ 100 CFD nadsaq Bearish Patterns fibonaccigoldenzone
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supportandresistance fibonacci movingaverage ndx nadsaq bearish fibonaccigoldenzone
Looks like the previous ATH might become the next major floor if we continue to go lower.

Nice confluence with the 200 period EMA. Additional confluence is provided by the Fibonacci golden region between the 0.618 & 0.650 levels.

$5,000 seems to be the ballpark price target for the bears based on this chart.

Let me know your thoughts below :)
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