Zeev's Turnips Patch-No Politics (ZEEV)

[LG]

Zeev: The NDX closed yesterday's gap-up and at the same ttime tagged its 61.8% retrace level (994.62) of its rally off the 7/3 pivot low. The Naz should be in the neighborhood of completing its retrace.

QQQ 61.8% retrace is (24.73) which also fills its gap-up yesterday.

I am looking for the 84.1% retrace level (513.12) to hold for the NYA.

My shorter-term and medium-term intraday models are all legging into over sold ranges. And, my composite tick is moving up and close to positive...

Edit: The market should be near the turn that delivers the second leg of the rally off the 7/3 pivot lows. Time will tell, stops in place as always...