forexhotboy

NASDAQ

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SKILLING:US100   US100 CFD
UPDATE ON NASDAQ !!!
NASDAQ STILL FALLING ..
NASDAQ isnt done falling yet , i advice you hold your sell positions as i see further drop coming .
presently nasdaq will rally to the side , creating enough space for a massive sell
also looking at nasdaq present structure in the downtrend , theres a minor channel formed and we can also see another bearish penant pattern looking like another rising wedge
which clearly indicates a huge sell coming .
take a look at the major structure formed , it has shown that nasdaq has formed a double heads and shoulders pattern with the right shoulder breaking out of the neck line and
retesting it in preparation to complete the head and shoulders pattern.
price action also says the same . another sell coming ..

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