NDX Channel on the Daily

As we finish up Monday's trading session we can see that we made a slight bounce off the top of the channel (blue dotted line) that's been forming on the daily chart. We have already broken out of the channel of the weekly chart (green dotted line) so it's up in the air for direction right now. Should be a big news week later this week so be on the lookout for some more volatility.

NDX 6mo / Daily Chart