Is NDX close to making a swing high? Short

US 100 IndexTVC

Description

⋅ Nov 8, 2017 10:24 PM

NDX is contained in the parallel channel so far, and it is close to hitting the yearly R3 level.

⋅ Nov 9, 2017 10:34 PM

Looks like NDX is feeling the resistance at the top of the parallel channel, as it dropped over 100 points from peak to trough