In our previous update from three weeks ago, when the NASDAQ100 (NDX) was trading around $20000, we found that the index “…had not breached below any of our warning levels for the Bulls, … all the technical indicators are still positive,… [and] the current trend is [therefore] still up.” Fast forward, the index traded as high as $20490s earlier this week but now sits at around $20140.
Source: https://www.fxstreet.com/news/nasdaq100-update-stick-save-by-the-bears-202410161849