Nasdaq created an inversed head & shoulders and it rallied from 11296.52 forming our right shoulder and it lost momentum when it reached our neckline 11692.84 so now we wait and see if it breaks out or gets rejected but wherever it goes its going with full force
Nasdaq created a cup & handle pattern and I expect it to finish the handle so I can go long on 11705.09 till 12888.33 What's your view?
We have created a double bottom on our 4064.4 zone and we might go long
Nasdaq broke out of our downtrend channel on Tuesday when it made a bullish rally and got restricted by our resistance line on 14288.65 and retest our resistance trendline on 13973.81, we might expect a consolidation before it gives us a clear move.
we are expecting a little consolidation before going short and we have the same movement it did before touching our resistant trendline on 14600.00
we might be on the same move it made when touching our resistant trendline on 14600.00 before we continue going short