Nasdaq 100 (NDX) Down 0.42%; in an Uptrend Over Past 30 Days

3 mins read
NDX

The Hourly View for NDX Last Updated February 22, 2021, 01:011 GMT At the time of this writing, NDX’s price is up 3.07 (0.02%) from the hour prior. This move is a reversal from the hour prior, which saw price move down. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 50 hour timeframe. Price action traders may also wish to note that we see a pin bar candlestick pattern on NDX. Given that we see downtrend on the 10 hourly candle timeframe, and that such candlestick patterns often denote reversals,…

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