NDX100 Correction: "Nothing appears without a sign...."

NDX100 Daily Chart @ Close 11/03/2016

A few weeks past; the NDX100 our 'lead' pony in a market seemingly bereft of signals? The "Outside- Down Key Reversal" WAS negated BUT left a contemporaneous Weekly Shadow that suggested 'vulnerability' best described Equity Markets pre- FOMC, US Elections......hell Facebook 'news' even (L/T 'Short = Our View).
Either way & the Correction is well & truly underway with 'our' 4650 Target (THE WEEKLY) firmly in sight ahead of the NFP's.
Should matters get 'unhinged' beyond that (4650); 4525 & 4450 are quite doable in the current environment.

NDX100 Weekly Key Reversal; should we care?

NDX100 Weekly Chart @ Close 10/14/2016

Finally signs of 'Signs': NDX100 & not the only Index exhibiting 'Reversal' Price Action; the BKX; Emerging Markets (MSCI) & AAXJ (Asia ex- Japan) together with the Commodity dependent but policy lacking ASX200 (unlike the BOVESPA!).
Metals again under pressure & a $ 'surge' basis the 1.5% gain this past Week with the FED talking Arthur Burns type 'policy'!?
Let's not forget the US Bio- Tech 'Train Wreck' unfolding yet again.
Volatility next?

S&P500 Correction back to bottom of recent 'Time' Range.

S&P500 Daily Chart @ Close 10/11/2016

The Reversal Week of 08/19 continues to 'haunt' US Equity markets; Tuesday's sell- off YET to probe the bottom of the range witnessed since 2193 Highs.
2115 Support (38%) keeps the Correction more 'Time Based' than Price (< 4% below 2193); a breach below 2115 & Major 2069 Support (62%) looms with THAT BREXIT GAP @ 2035 from late June in need of a Fill later if not sooner?

Benchmark S&P500 Correction 'rolls on' in Time......not Price?

S&P500 Weekly Chart @ Close 09/27/2016

Whilst the NDX100 negated its Outside- Down Weekly pattern this past Week; the Benchmark S&P500 remains under the 'influence' of the Indecisive Small BUT potentially significant Reversal Week of 08/19.
The MACD remains on a Sell Signal juxtaposed to the Full Stochastic (incomplete Week) but potentially signaling a Test of the 2193.81 High.

NDX100: Signs of the elusive Medium- Term High?

NDX100 Daily Chart @ Close 09/12/2016

Whilst the Benchmark S&P500 gave it's Sell Signal pre- NFP's; the NDX100 gave both a nuanced Daily Indecisive Sign & then an overt Key Reversal Weekly Chart (Small Caps as well) last week.
Largest 2 Day move since the early 2016 'scare' Jan/ Feb leaves as many Q's as A's post FED commentary that exhibits divergent FOMC Policy views?
Should the overdue Correction play out; Support @ 38%/ 62% retrace of Rally > 4180 resides some distance away from Monday's Close.