NDX still on up trend but the AD line is on the verge of breakdown though hasnt been penetrated.
if we see the MACD, it is starting to go down
We expect the NDX to go down to its first support at 14680 and AD line to be around 1389-1390.
if we see the MACD, it is starting to go down
We expect the NDX to go down to its first support at 14680 and AD line to be around 1389-1390.
Trade closed: target reached
NDX is continuing its downtrend, possible to be at the level 13510.Currently the chart is making a descending triangle pattern with target range on level 13510.
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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.