Near Term Trend: Bullish
As of 10/6/2017 close: 6,064.57
UPDATE: Last week, I suggested shorting bounces to 6107 with stops above 6120 on a monthly close and with a target of 4916.
The NASDAQ is hitting new highs and is approaching my projected resistance range (which Im raising just a bit to 6,119 on the low side).
I would be looking for 6,119 before shorting the NASDAQ or proxies. Honor stops on a close above 6337. Downside targets once trouble starts are 4,915 5,080.