$NDX - Potential Bullish Candle Could be Invalidated
$NASDAQ 100(NDX)$ - Potential Bullish Candle Could be Invalidated
The bearish crossover in the oscillator suggests the down move has just started. The blue↘️arrow shows a bearish candle invalidated, since the oscillator was trending up and there was low daily volume.
The green🟩arrow indicates a bullish reversal candle that prevailed above the oscillator signal, back then there was high volume, not today.
The 5DMA was lost by tech yesterday, tomorrow is do or die time, will it bounce or is this a aiming to the lower Bollinger band?
As long as the day opens at or above the closing price, an opening below it would be bearish.
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