*Nasdaq closed the entire downtrend which was a parttern of head and Shoulders... because as it kept on moving it then formed a falling wedge...which hit support then went to the upside using both technical and fundamentals to support the buy structure..what worries me the most is that when the buy move was happening Nasdaq never retested it's zones....we have the first below the HOD, followed by the second and the third one.What I think might happen here is Nasdaq creating a new down trend which will now react to the previous head and shoulders pattern on daily going for those zones...let me drop to smaller time frames to see if I can share anything with everyone*
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