Richard_Muller

NDX-100 Nasdaq-100 rebounded from cloud support, so far so good!

Long
TVC:NDX   NASDAQ 100 Index
NDX-100 Nasdaq-100 rebounded from cloud support, so far so good!

Key resistance levels to get past are 11186, then 11391, then 11471 zones, and the top end cloud chart resistance zone of 11646, give and take a few points at each level!
Rebound retracement up to the bottom end cloud chart resistance zone!
Comment: NDX is trouble as it failed to break past the 11186 cloud chart resistance level with sustained volume follow-through. NDX is now at risk of rolling over if it undercuts the 10795 old cloud support zone!

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