Richard_Muller

NDX-100 Reached the 9440 resistance target! Consolidation risk!

NASDAQ:NDX   Nasdaq 100 Index

NDX-100 Reached the 9440 resistance target! Consolidation risk remain high here!

NDX reached the old cloud chart resistance zone of 9440. NDX is not far from the old high of 9736! Consolidation risk remain high at this key resistance zone! It is May by the way, as they say!
Taking some profit off the table here after a very strong rally off the cloud chart support zone on the weekly cloud chart!

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