NDX Bearish Divergence vs SPX & DJI

TRIGGER TRADES
01-02 07:46

$NASDAQ 100(NDX)$ has failed to confirm new highs, forming bearish divergences versus both $Dow Jones(.DJI)$ (Dec 10) and $S&P 500(.SPX)$ (Dec 26).

The index is now printing higher lows but lower highs, compressing into a bearish triangle.

This setup suggests tech is coiling for a sharp downside resolution, with a measured move to 23,500–22,900, aligning with equality of the initial leg down and the 200-DMA.

A daily close below 25,165 would confirm the sell signal.

If that zone is reached, the probability strongly increases that NDX has already peaked.

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