Trend Trading: The Nasdaq 100 Index slicing and dicing

The Nasdaq 100 Index (NDX), Long or Bullish, but continues to deteriorate – the short and long term MACDs continue negative. Again, today, we can see that the index is trading under the former support and now resistance of the February low of $12,760.

Nasdaq 100 Index (NDX):

Nasdaq 100 Index (NDX)

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

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