For the bull arguement the NDX is putting in some higher highs and higher lows, but for the bears it's also showing a head and shoulders type pattern forming that if confirmed with a lower close tomorrow might negate the higher lows. Tomorrow will be an important day to add the next piece to this puzzle.
NDX Daily Line Chart:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhRqb8NmnOIU2Eiww_RnYdcQzAKj5s1cFD8RGIfajZfatBq3Q591WeNWgViLW6FLusyubjRIp_CGM4SR0o9Gpb8fpsD4ZKF4TpVaTLc3LN29t5f3_fudFGr_9MHz0yfHJNsuybgj5AYlCY/s400/ndxline.png)
NDX Daily Candle Chart:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgJ5ixVzNxXETO-O5K5iuvQj60rcfCNU0EzyofmKkEg5_Ahv94tveSb6cNvzNiRRdyWPD98rQ07hKQH1Anq3UPCQOhrmpGWWhgOPJiY2oelOt-uD2doPslIBCAxKu9EA4QpS6fxpfqvNIk/s400/NDXfibs.png)
NDX 1 Year Daily Chart, The Bigger Picture
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhG8MZnBGvy_wZi9HJr0YGwhoA1izCydPpd-AF-e9_3qmSnynLZ43QjReya6jYuRwLALAgrIAZ1nDmSpTt2IvHMBgFcNggdXSAsoRgQQ7J1mlGKroFMI0FLJdSPIf7Gr3DVCJ9slhZNRyQ/s400/NDX1yr.png)
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