$NDX - The Daily Candle as a Lonely Rider
$NASDAQ 100(NDX)$ - The Daily Candle as a Lonely Rider
Nasdaq100 is the only index showing a gap below today's candle, looks like the MFI did need to reach overbought levels, unless the Bollinger Band rejects price at this level (in confluence with $19,891 - a Weekly S/R Level😉).
When the 5DMA has been breached, a significant move has followed; it may be a good reference to manage risk.
$Invesco QQQ(QQQ)$ $Cboe Volatility Index(VIX)$ $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2412(ESmain)$ $E-mini Nasdaq 100 - main 2412(NQmain)$
Image
https://x.com/SmartReversals/status/1836912685096575106
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
