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For the first time since the Tech bubble back in 2000, the NDX is 3% above its 38% retracement level at (1) in the above chart. From a Fib retracement perspective, the next key resistance level comes into play around 2,750.
NDX 100 is reflecting positive price action. Of the key U.S. markets, I remain favoring MDY at this time, due to it breaking out, too all-time highs in prices.