#NDX made ATH yesterday and came down. Difficult to call the tops. What I see we need to get higher and have a sharp rejection before we can have a change of trend, meaningful correction.
Price now 12441 within blue zone. If above, resistance are at 12545. 12631 should cap high of move, giving a low risk sell level.
Below 12431, look to sell to 12341-47 and 12221-31. Both are strong support zones and should offer a bounce. 12147 should cap low of day.
Price now 12441 within blue zone. If above, resistance are at 12545. 12631 should cap high of move, giving a low risk sell level.
Below 12431, look to sell to 12341-47 and 12221-31. Both are strong support zones and should offer a bounce. 12147 should cap low of day.
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