Plan_Trade_Repeat

NDX to go down?

Short
NASDAQ:NDX   Nasdaq 100 Index
NDX still on up trend but the AD line is on the verge of breakdown though hasnt been penetrated.

if we see the MACD, it is starting to go down

We expect the NDX to go down to its first support at 14680 and AD line to be around 1389-1390.



Trade closed: target reached:
NDX is continuing its downtrend, possible to be at the level 13510.

Currently the chart is making a descending triangle pattern with target range on level 13510.
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