Very critical situation for NQ and the stock market !
NQ has tested very important support from a rising channel (for the 3rd time).
Either bulls must steps in right here to defend the support @ ~13300 & reclaim the bullish trend, by reclaiming the 14k level, otherwise, a BEAR market becomes a very probable scenario.
PS: Notice that we broke the neckline of the H&S pattern. I do lean for the bullish scenario but the fundamental doesn't help! (Russian invasion of Ukraine)
Either bulls must steps in right here to defend the support @ ~13300 & reclaim the bullish trend, by reclaiming the 14k level, otherwise, a BEAR market becomes a very probable scenario.
PS: Notice that we broke the neckline of the H&S pattern. I do lean for the bullish scenario but the fundamental doesn't help! (Russian invasion of Ukraine)