The Internet, Biotech, Software and Semiconductors sectors that drive the NDX are all heading in different directions too which is creating havoc with the index.
I will be patient and wait for some better entry signals. I'd like to see the sectors above start to move in unison.
In the mean time this may be a profitable index to trade intraday if you have a good system for it. (money management, stops, smart targets, etc.)
NDX Daily Chart:

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