Charts Show Significant Damage
NASDAQ 100 Index ($NDX)
As you are aware I have been watching very closely the Nasdaq 100 ($NDX) index. Today we have some significant skid marks on the charts as the index went off the track.
RUSSELL 2000 Index
I will have much more analysis of the charts in tonight’s market update video.
Nasdaq Index Chart
This chart, the Nasdaq 100 shows current resistance levels for the Nasdaq. Note that the RSI has broken below a 6 month long trend line.


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