NDX Falling Window | Final Drop Live!

May 9, 2022

We have a falling window on the NDX weekly chart and we are reaching the "Final drop".

While it can take many years for prices to move back to ATH level after a bottom is set, setting the bottom itself can take just a few days or weeks.

Just as with the SPX, the Nasdaq (NDX) index has broken below EMA100 and is showing a very strong bearish candle.

The bearish action taking place now says it all.

There is room for lower prices...

See what we shared before:

(Jan. 26) The Nasdaq Long-Term (Potential For Major Crash | ~70%)

(Feb. 7) The GAP Gives It Away | Nasdaq

(Mar. 13) NDX Bear Run

(Jan. 19) NASDAQ Bearish Scenario Can Unfold

Namaste.