Inverse Head and Shoulders forming on NQ overnight
Yields are continuing to soothe and haven't shot up overnight due to Asian / European markets.
Expected hard crash doesn't seem to be materialising.
NQ holding steady in range.
Still more room for downward movement pressure release within inverse model to 12600.
Possible Inverse Head and Shoulders forming indicating reversal of down trend over the last month and a return to a bull market as the world economies recover.
Thoughts?
Expected hard crash doesn't seem to be materialising.
NQ holding steady in range.
Still more room for downward movement pressure release within inverse model to 12600.
Possible Inverse Head and Shoulders forming indicating reversal of down trend over the last month and a return to a bull market as the world economies recover.
Thoughts?
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