Possible Nasdaq Warning

{+++}

qqq

Let's keep an eye on the Nasdaq in the coming days. As you can see in the chart above a left shoulder and head are in place.  The right shoulder is forming, but is not complete yet. A break of the 65.50-66 level could start a quick slide lower though. This would validate a bearish head and shoulder pattern. A move down to the 62-63 would be possible on a break. This is an early setup regarding the validation of the right shoulder, but definitely bears watching.

See you on the chat.

Joe

Uncategorized