$NDX getting very close to support levels, close to real bounce

Direxion NASDAQ-100 Equal Weighted Index Shares (BATS:QQQE)

BATS:QQQE Direxion NASDAQ-100 Equal Weighted Index Shares

Trend Analysis Chart Patterns Technical Indicators NASDAQ 100 CFD QQQ QQQE NDXE Stocks nasdaq100

trendanalysis chartpattern indicator ndx qqq qqqe ndxe stocks nasdaq100

Makes sense for

NDX to get a bounce here as it is at the 1st Support level after the December breakout & it is Oversold.

QQQE = Equal Weight #NASDAQ100
Never broke its ATH & it is Oversold on the daily chart.

Weekly charts put it in the middle of the range.
RSI needs to stay here to remain bullish.
$ Flow has slowly waned.

Penafian

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