NDX-100 A great rally & breakout past cloud chart resistance!
NDX-100 A great rally & breakout past cloud chart resistance!
So far so good NDX rallied past top end cloud chart resistance, and is now testing the old cloud chart shadow resistance at 12088 resistance. Need to see a follow-through of the bullish momentum. If resistance hold then downside risk to key support zones at 11745/11686 and 11564!
But so far so good, if the upside momentum continues then NDX could be hitting the old September highs ! Criticla week ahead!
So far so good NDX rallied past top end cloud chart resistance, and is now testing the old cloud chart shadow resistance at 12088 resistance. Need to see a follow-through of the bullish momentum. If resistance hold then downside risk to key support zones at 11745/11686 and 11564!
But so far so good, if the upside momentum continues then NDX could be hitting the old September highs ! Criticla week ahead!