I do not find any bullish sign in the NASDAQ chart, do you?
This presentation contains the NASDAQ index.
Hourly: Double top and broke the weekly trend line
Daily: Bearish Bat Harmonic pattern
Weekly: rejected twice from the resistance level.
Conclusion: Closing below 13700 will confirm Top Swing, and closing above 14050 in the daily chart makes this analysis obsolete!
Recommendation: Reevaluate your Stop loss.
If you have any reason that Nasdaq is still bullish please write it in a comment!
Hourly: Double top and broke the weekly trend line
Daily: Bearish Bat Harmonic pattern
Weekly: rejected twice from the resistance level.
Conclusion: Closing below 13700 will confirm Top Swing, and closing above 14050 in the daily chart makes this analysis obsolete!
Recommendation: Reevaluate your Stop loss.
If you have any reason that Nasdaq is still bullish please write it in a comment!
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