US Markets - Update on NDX

The NDX rallied just 7 points from our 1390 target and quickly reversed. As we noted on our May 6th note, "the inability of the index to move up from trend support for a short-term pop is telling," and the fact that the "pop" was so short-lived is very telling. It shows that selling pressure is increasing, and the index is at risk of breaking support at 13333.



Sorry this page is available to subscribers only.
If you're not a subscriber why not join today?

If you are already a subscriber, please login.

If you believe you should be able to view this area then please contact us and we will try to rectify this issue as soon as possible.


To gain access to the members only content click here to subscribe.

You will be given immediate access to premium content on the site.