Near Term Trend: Bullish
Fridays Close: 5,838.08 (+ 0.77%)
UPDATE: Last week, I suggested buying if NDX tests 5,538.75 with an upside target of 6,080 and stops below 5538.
The NDX spent all of last week in rally mode. The upside momentum took prices high enough to declare the downside correction over. Upside targets start at 6,100.
Buy any dips in the NDX down to 5,710 with stops on any daily close below 5,678 and with an upside target of 6,100.