$NDX - Evening Star in Progress?
$NASDAQ 100(NDX)$ - Evening Star in Progress?
The indecision candle above the Bollinger band suggests that a healthy pullback is coming. An open below the low of today would add validations next week.
If in doubt of a decline, check the $Cboe Volatility Index(VIX)$ chart open for everyone in the latest publication⤴️ (Link in profile).
Check the VIX chart, it looks like a bullish chart that just bottomed.
The gaps are very close and price is not starting a bounce, oscillators are overbought.
The MACD is bullish, is it a laggard confirmation? or an indication of more rally ahead?
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