. The NDX is below the bollinger band
. It held and closed around the 50 day moving average
. The RSI is around 41
Looking to buy a retest of the 7645 low especially if there isn’t a bounce beforehand.
For the week I would expect the oversold condition to work itself off in the bollinger bands bands either through a bounce or back and forth trading.
I do expect new low on the month as there was a lot of technical damage done this week.