NDX rally toward end of the year?

Long

NASDAQ 100 E-mini Futures (CME_MINI:NQ1!)

Updated

CME_MINI:NQ1! NASDAQ 100 E-mini Futures

Trend Analysis

trendanalysis

I think we should expect a market rally to ~16500-17000 if the ~14600 level holds

Comment:

Up $600 since posting the chart, I think it all depends on DXY as well. whether it will be able to break through 104.5 or not. We shall see.
I think the rally continues after some consolation around $15500. But the big correction still brewing for NDX and Tech stocks. There are several huge negative divergence on NDX...

Trade closed: target reached:

well well well, NDX hit 15482 today. We still have more room to go up. Lets see how CPI gonna print this week.

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