ROYAL_OAK_INC

$NDX in oversold territory, support levels & major moving avg

NASDAQ_DLY:NDX   Nasdaq 100 Index
The NDX , Nasdaq 100, is at a support level on the daily chart, left.

The 4Hr chart shows it is almost at the 320Moving avg, left.

Being that there's support & the intraday is at a Major Moving Avg, we'll likely get some sort of bounce around here.

The index is also oversold daily & intraday.

QQQ TQQQ SQQQ

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.