CHART BLOG

NDX at support


The Nasdaq 100 index (NDX) has fallen hard since running into strong resistance at the Yearly R2 Pivots. Today it found support on the 250day moving average and the Yearly R1 Pivot. This should be a strong support zone. Look for strong support here. A close < 6846(YCH3) will open the door for the YP. The Yearly Pivot(YP) is at 6,000.


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