Hard to argue with this chart. Although the crossover is technically tomarrow, I think the $NDX has already made it's decision. Looking at the chart, the decline has started pretty close to the crossover, it takes fine eyes to see much difference, and it's now fallen clearly below the ascending curved support lines (thin blue and thin brown on this chart) so it looks like the $NDX is leading the charge downward..and it's probably a long way down from here..
Click on the chart to magnify...
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