$NDX Breaks High Alone While $SPX $DJI Lag
The bearish reversal has been building.
Just one piece was missing...
Today we got it.
Bearish Monthly SMT Divergence with $NASDAQ 100(NDX)$ .
NDX is the ONLY index to cross the March High.
$S&P 500(.SPX)$ didn't.
$Dow Jones(.DJI)$ didn't.
If this divergence persists — this Monthly candle gets ERASED.
The setup just got a lot more complete.
This is what SMT divergence looks like on the micro.
SMT at the high of day with $E-mini Nasdaq 100 - main 2606(NQmain)$ .
Reversal to London Low.
20 straight points — on a choppy range day.
$Microsoft(MSFT)$ is down -33%.
NDX just ripped +10% off the lows.
Yet MSFT barely budged.
You're telling me the bottom is in?
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