NASDAQ could be getting ready for a shake out but there is a lot of support down there and euphoria going on. I can imagine that the support will hold if tested on the first try.
* large break down candle at a multi-year support turned multi-year resistance.
* break of what looks to be a bear flag
Probability is down with a sling shot up to a lower high. We will see when it comes to that point if it arrives.
* large break down candle at a multi-year support turned multi-year resistance.
* break of what looks to be a bear flag
Probability is down with a sling shot up to a lower high. We will see when it comes to that point if it arrives.