Near Term Trend: Bullish at / near resistance
As of 12/15/2017 close: 6,466.32
UPDATE: I recommended staying short at last weeks levels with stops on a monthly close above 6,470. Target of 5,117 was given.
The NASDAQ 100 is on the verge of testing and possibly taking out projected resistance at 6,470. If a breakout occurs, look for a move up to 6,645. If not, look for a significant decline down to 5,335.
Still selling longs and looking to get short. Honor stops on a monthly close above 6,645. Profit-taking target is 5,335.