ROYAL_OAK_INC

$NDX getting very close to support levels, close to real bounce

BATS:QQQE   Direxion NASDAQ-100 Equal Weighted Index Shares
Makes sense for NDX to get a bounce here as it is at the 1st Support level after the December breakout & it is Oversold.

QQQE = Equal Weight #NASDAQ100
Never broke its ATH & it is Oversold on the daily chart.

Weekly charts put it in the middle of the range.
RSI needs to stay here to remain bullish.
$ Flow has slowly waned.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.