Nasdaq forming H&S??
On a weekly basis the Nasdaq 100 could be forming a Head and shoulders pattern. It could easily still rise to 2800 (the old up trend line) and then sell off. Key is the break of the neckline or a break above the September high.
On a weekly basis the Nasdaq 100 could be forming a Head and shoulders pattern. It could easily still rise to 2800 (the old up trend line) and then sell off. Key is the break of the neckline or a break above the September high.