Nasdaq 100 Index price reversals
As the Quarter closed, The Nasdaq 100 Index (NDX) has rallied approx. 36% on an annualized basis, from the closing low of November 4th, 2022. Will Rogers famously said, “Invest in inflation”.
Today intraday, the (NDX) is trading at $13,116. The immediate price reversal level to watch is $12,978. Trading above that level will help indicate the directional trend going forward. This is trend following, not forecasting or predicting. Stock chart below, comments welcome:
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| Nasdaq 100 Index (NDX) |
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