Similar to SPX, NDX although it made a second strong move upward I dont like the gap down, nor that it falls to effectively engulf the up move.
And so I think this could be a shakeout reversal and Wyckoff UT UpThrust that could see NDX either re-test the 1:1 before a harder bounce, or begin the next leg down.
But I'm not confident either way so I'll need to see more chart and will not be entering any Nasdaq stocks for now.
Not advice.