NDX if it holds 11500 still 13400 to 13700 is possible... Last week 200 dma was held for 11900... i would give benefit of doubt till 11500 for the rally to continue.. i feels bonds yields may not rally much... not sure what fundamentally causes this... All these sell off is based on bond yields.. but below 11500 i will take stop loss and reduce risk...as overall pattern looks as if it is bearish flag.
Wave 5 is still pending.. for NDX..