This chart of the Nasdaq 100 (NDX) opens the door to a severe decline over the next few weeks to months, with the worse of the decline still well ahead. NDX Daily Breaking below 25,183 suggests 10% decline, minimum, is unfolding. Initial targets are the Aug-Sep lows...and in a hurry. In this service we are long QQQ Jan $550P and SQQQ Dec $14C. Gains to date are modest, but growing. Today's breakdown may be the last opportunity to add to positions before panic sets in. Tomorrow is shaping up to be one of those Fridays. From Nov 4th. Premium Service Update MSFT This chart is from today's PRO Service update: This can't be good of any major index.
