Nasdaq Head & Shoulders Forming
Updated
Right shoulder is in progress. Based on FANG stocks, it appears that most have exhausted their push. Right shoulder may not be as high as left shoulder.
These stocks are moving as if its their big earnings rally, its not.
These stocks are moving as if its their big earnings rally, its not.
Comment
Appears right shoulder top is in.Comment
Right shoulder top is in, now forming bottom, neck line should be breached here, then it comes back to test it.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.