Interesting technicals within the NDX futures chart on 4h time scale, although the positive overnight session, the trendline price action has clearly defined some technical points hinting to a possible retracement on support. There has been a price action rejection at NDX futures 13185, where the IKH Senkou A/B Nuage, Tenkan line and 50days m.a. have generated a sell signal trend reversal, with confirmation of a drift below the monthly pivot point NDX 13157, meanwhile, the MACD provides a divergence with both lines on incipient sell signal below the histogram, the RSI sees the period line rolling over.
Main support checkpoints, NDX 13000 Kijun line, although a retracement 2.75% of NDX 12770 support, should be possible.
