NASDAQ Watch for sell
Hello traders:
NASDAQ also has great bearish price action forming on the LTF.
Similar like other indices, price has been correcting in the HTF ascending structure.
We see LTF also has a ascending channel, pairing with a head and Shoulder pattern.
These are good bearish confluence for us to look for potential see setups.
Latest price shows a potential completion of a continuation correction, so expect price to breakout and continue to drop out of the HTF structure.
Thank you
Note
HTF: 
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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.