Head and Shoulder - Right shoulder forming (potentially)
Watch for potential Head and Shoulder Pattern on Nasdaq 100. Next few trading days are crucial to show if the right shoulder forms.
If the pattern forms and price closes below the neckline, bears would have won and will be the start of a reversal from the bull trend.
If the pattern forms and price closes below the neckline, bears would have won and will be the start of a reversal from the bull trend.