Nasdaq 100 Index
Short

Death Cross on Nasdaq

440
The 50 DMA is about to cross under the 200 DMA on the Nasdaq. Creating the Death Cross usually indicates a Bear Market.

* A Head and Shoulders pattern has completely formed indicating a further break to the downside.

*The MACD is doing a bearish crossover in negative territory

*Williams RSI is indicating a bearish trend is starting.

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