NASDAQ LOOKING BULLISH IF WE WERE TO BREAK THE NECKLINE
As you can see there is a Head and shoulders pattern forming in an inverted matter, this patter also adds up with a previous double bottom formed and completed which sets a lot of signals for a bullish bias, also due to the performance of us stocks, specially FAANG + BAT, crossing necklines would end up giving us a great long oportunity. waiting for a clear breakout of a bullish daily candle and a retracement of the movement to the .5 or .382 to get in bullish
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.