Maximilianned

Upside vs Downside

TVC:NDQ   US 100 Index


You can see what the Nasdaq has been doing for the past few days - nothing.

There is serious overhead resistance. Unless it breaks through the easiest path is a 61% retracement and fill the gaps below and try again.

Again if the trendline get broken all bets are off.

Nasdaq is better at filling gasps better the SPX.





Comment:
This is resistance was broken this afternoon, there is still resistance about 90 points higher.
Comment:
I just noticed the previous resistance became support at the close

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