As we mentioned yesterday, the
NDQ
is poised for a big move some time this month.
After posting that, noticed this pattern. Was busy so didn't write it up.
Was out all day celebrating daughter & nephew's bday🎉
Do you see it on the DJI & SPX as well?
We bring up the Head & Shoulder Pattern every so often. It signifies tops.
HOWEVER, this pattern needs the confirmation of breaking the neckline (bottom line - support), especially with volume.
RUT stays in channel the entire time
#stocks QQQ DIA SPX IWM
After posting that, noticed this pattern. Was busy so didn't write it up.
Was out all day celebrating daughter & nephew's bday🎉
Do you see it on the DJI & SPX as well?
We bring up the Head & Shoulder Pattern every so often. It signifies tops.
HOWEVER, this pattern needs the confirmation of breaking the neckline (bottom line - support), especially with volume.
RUT stays in channel the entire time
#stocks QQQ DIA SPX IWM