$NDX might be setting up for a turn here. We've bounced off the trendline with major support just underneath. VIX spiked Thursday, sentiment is terrible, and positioning looks washed out.
Watching closely for signs of a reversal that could lead to a multi-week rally. When everyone's bearish and technicals hold, that's often when the turn happens. Not calling it yet, but the setup is forming.
Watching closely for signs of a reversal that could lead to a multi-week rally. When everyone's bearish and technicals hold, that's often when the turn happens. Not calling it yet, but the setup is forming.
