Hi.
I think Nasdaq is very dangerous. It is similar that Kospi(Korea stock Index) four months ago. The KOSPI Index made Head and Shoulders pattern. And the KOSPI price dropped 24% from its top.
now Nasdaq makes right shoulder. If it would collapse neck line, It is good chance for short traders.
Is it the beginning of the financial crisis?
I cant't understand the current economic flow. However, it is clear that the chart is a bear market.
Thank you.
I think Nasdaq is very dangerous. It is similar that Kospi(Korea stock Index) four months ago. The KOSPI Index made Head and Shoulders pattern. And the KOSPI price dropped 24% from its top.
now Nasdaq makes right shoulder. If it would collapse neck line, It is good chance for short traders.
Is it the beginning of the financial crisis?
I cant't understand the current economic flow. However, it is clear that the chart is a bear market.
Thank you.
