The Nasdaq Composite Index ($NDX) is currently attempting to find support around its 21-day Exponential Moving Average (EMA) at approximately 17,780. The QQQ, an exchange-traded fund that tracks the Nasdaq-100 Index, is also hovering around its 21-day EMA at 477.50. Market participants are observing these levels closely, with some noting the need for a bounce to maintain upward momentum. The S&P 500 (SPY) and Russell 2000 (IWM) are similarly near their 21-day EMAs, at 561 and 216, respectively. Traders are looking for volatility to decrease, as indicated by the VIX, to support potential rebounds in these indices. The $NDX failed to break out above 19,780 and is currently holding at 66.