Near Term Trend: Bullish but at resistance
As of 11/17/2017 close: 6314.51
UPDATE: Last week, I suggested shorting immediately with stops on a monthly close above 6,337 and with a target of 5,080.
NDX traded up and through 6,337 intraweek, but finished Friday back down below resistance. For the time being, Im sticking with my call for that level to be a ceiling for quite a while.
Get short now and look to cover / get long at 4,292 5,065. Honor stops on any monthly close above 6,337.