$SPX & $NDX Relation? Nasdaq100 has tested its Bull Market Support Band (BMSD). $NDX has only tested its BMSM 7-9 times since November 2022 (weekly timeframe), & each time it rebounds without giving any durable move below since 2021. Yes, there have been a couple of 15%-20% moves below, like in Feb 2025 last year, but that's it. Since we expect $SPX to correct soon, we should also likely see, after half a decade, fading of $NDX below its BMSB. Not as intense as 2021-22, but neither as shallow as the one in 2025. Somewhere in the middle. On a side note, Nasdaq has been pretty great as an Index... it is up nearly +100% from May 2025 lows, which is high outperformance against S&P 500 & $BTC. Another notable observation: Put "NDQ/SPX" in your TradingView. Switch to monthly timeframe. You'll notice at least 3-4 major similarities by comparing the chart with its own 2021 version... Without complicating things, the pattern shows a correction is likely. This gives our bias more confidence & credibility. Hope you're prepared. Still any questions? Ask me in the comments...