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0 The Nasdaq100 chart on a daily time scale sends intraday a clear SELL SIGNAL, through chart technical indicators. In Fact, the Ichimoku Kijun line has given a rebound rejection input, together with the Senkou A/B Nuage, in line with a trendline downslope and with confirmation of weaker technology stocks drifting well below the NDX month pivot. The MACD oscillator continues in its SELL SIGNAL, with a negative histogram. Going forward the only tech stocks index Nasdaq100 could be expected to drift below the Senkou A/B to retest NDX 12900, from where the tech stocks index could be likely to drift lower to test the NDX12000 market support area.
