Posting my 2nd idea. not sure about the exact neckline, but this seems like a massive head and shoulders formation. A daily close underneath the necline may trigger further decline! Waht do you think?
Hey guys, my first post here. I wonder what you think of this idea. We see a possible early negative divergence forming on the daily. Thinking of possible ways down we might see a rebound first - perhaps through a bearish shark, before going down? What do you think? I am short term bullish on the NDX, middle term bearish and long term bullish. Either way I am...