Near Term Trend: Neutral / Bullish
As of 6/22/2018 close: 7197.51
UPDATE: Last week, I suggested shorting NDX / proxies near 7190 with stops above 7200 and with a target of 5832.
NDX has been one of the leading indices in the world recently and continued to be so until Thursdays downside reversal. Im still of the opinion we see general downside in stocks sometime soon. NDX should not be immune.
Id short NDX near 7,291 with stops on a close above 7,300 and with a target of 5,831.