NASDAQ 100 Technical Analysis
A strong bounce was expected after Thursday's near-washout session.
NDX has retraced Thursday's ugly black candle and stalled at the 200-day MA.
In the spirit of Keltner Channel pinball, the ideal scenario would be for it to dance around the 200-day MA and reach the middle Keltner Channel. That would also allow NDX/VXN to reach its middle Keltner Channel.
