Nasdaq 100 is trapped in an upward channel, another all time high still in play. Bullish engulfing candlestick on weekly timeframe confirms further movement to the upside.
NAS100 forming an inverted Head and Shoulder Pattern on a 23.6 Fib extension level. Possible continuation to the upside.
Monthly - Strong support zone Daily - formation of an ascending triangle pattern H4 - Possible inverted Head and Shoulder pattern