#NASDAQ INDEX (#US100): Strong Bearish Pattern
πUS100 will likely continue falling.
The price tested a strong intraday horizontal resistance cluster, forming
a head & shoulders pattern on that on a 4H time frame.
Its neckline breakout indicates the strength of the sellers.
Expect a bearish movement to 29270
βββββββββ
4H time frame
πUS100 will likely continue falling.
The price tested a strong intraday horizontal resistance cluster, forming
a head & shoulders pattern on that on a 4H time frame.
Its neckline breakout indicates the strength of the sellers.
Expect a bearish movement to 29270
βββββββββ
4H time frame