NDX to go down?

Sep 11, 2023

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.

Oct 23, 2023

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.