The the March NDX futures(NQ) tested the Yearly R1 Pivot(purple line marked R1, the green lines are the monthly pivots) at 2433 yesterday. I'm watching for a sell signal here and a possible pullback to start soon. The trend is still up going into March, but we need some back filling first. The S&P is also at the Monthly R2 Pivot(1310) and we have a new moon on Monday, which has been a good short term sell signal. The NDX cash Yearly R1 Pivot is at 2466.
