Near Term Trend: Neutral / Bullish
As of 8/10/2018 close: 7,408.30
UPDATE: Last week, I suggested holding existing shorts until at least 6,950 and preferably until 5,786. Stops above 7,500 on monthly close.
NDX is still giving the bears hope by failing to take out 7,500 on a monthly close.
Id stay with shorts on NDX and proxies as long as 7,500 holds on a monthly close. The target for covering ideally will be 6,000 although it would behoove one to check on things at 6,950.