NASDAQ Composite Technical Analysis Cycles and technical indicators were waving red flags in late May and early June. What are they saying now? - NASDAQ McClellan Summations Index ($NASI) -> swing trend is down - $COMPQ broke below 100D MA -> Intermediate trend is down - Riding lower Keltner, which is pointing down ->bearish - Next support is 200D MA, but the Gap is a magnet - NASDAQ McClellan Oscillator is still bearish
Published Jul 30, 2026Updated Jul 30, 20262 min read
NASDAQ Composite Technical Analysis Cycles and technical indicators were waving red flags in late May and early June. What are they saying now? - NASDAQ McClellan Summations Index ($NASI) -> swing trend is down - $COMPQ broke below 100D MA -> Intermediate trend is down - Riding lower Keltner, which is pointing down ->bearish - Next support is 200D MA, but the Gap is a magnet - NASDAQ McClellan Oscillator is still bearish
