Near Term Trend: Bullish at / near resistance
As of 1/12/2018 close: 6,758.54
UPDATE: I recommended selling longs / getting short with a target of 5,335 and with monthly stops above 6,640.
The NDX run continued for another week. The monthly chart to the right presents the next upside target at 6,812. NDX is overbought and overdue for a retrace of recent gains. I give four possible pullback targets at 5,898, 5,580, 4,740 and 3,889.
Selling between here and 6,812 and targeting exits at 5,898. Stop out on a monthly close above 6,812.