Providing Stock Market Analysis and Economic Commentary without the Hype
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.
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.
Nasdaq 100 Index Chart
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