INDEX:XNDX   Nasdaq 100 [TR]
There are 2 parallel line/CHANNELS.

1) RED line & Light GREEN line . (SOLID)
2) ORANGE line & Deep GREEN line. (DOTTED)

NASDAQ broke the number 1 CHANNEL even though it made a all time high.

In next few days/weeks It will break the 2nd dotted CHANNEL. Which may or may not create a new high but people will thinks it's a buy time. Honestly it's proving that market is getting weaker. And I would short it. Once it breaks the DOTTED GREEN LINE then FULLY SHORT TILL IT REACHES 3000 support zone .
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