Well Traders, the $NDX took a nice little $20 point pop up today on some good tech news. The index finished at $1,814 putting it just $8 below the $1,824 resistance point I have shown on my chart. The next few days should be interesting as the MACD and STO are pretty high indicating a possible downturn may be just around the corner. Personally, I would love to see a downturn for a few days and head toward the $1,750-$1,761 support I have shaded in Gray. At this point, it is just a waiting game to see if resistance holds. Stay tuned.Happy Trading!
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