NDX Wave (2) Corrective Lower

The same predicament exist in the NDX as the SPX. NDX is facing Fib resistance at 10,993 level a triangle pattern that could unfold into wave (2) corrective wave lower. Immediate resistance 10,715 likely to find a wave (5) top for now. NDX is leading the charge on the overall indexes rally, focus on on remaining push into 10715 wave 5 Fib resistance zone and from there we’re looking for a decline back towards 10,400.