Friday, July 7, 2017

NDX 30m vs Daily chart

30 Min: chart shows a range bound movement between 5670 and 5570. Today we closed at the top of that range. Monday will be interesting to see weather we breakout of that range or move down to the bottom of the range.

Daily: Today's big green bar above the 50 DMA is bullish and could be signaling a reversal of the down trend in NDX.