$NDX

When the market gets hit with selling, the narratives around bear market conditions suddenly become a complete mess. You can no longer tell who is saying what. You cannot understand whether it is a bear market or not, whether the market is broken or not. Unless there are shocks such as Fed rate hikes, a tariff shock, or a crisis, the support band has always been the key level in identifying the bottom during corrections. If the support band breaks, the market breaks too. Save this, you may need it. The band value, the last line of defense, is 23,360. This simple looking band is $58-monthly