Short

NASDAQ with a bearish head and shoulders

NASDAQ currently suggests that we could be seeing strong selling and a continuation of the down-trend should be imminent from this week forward.

Looking over the statistics of 2022, whenever we had a correction, as we did for a few weeks now and finally ended in the red last Friday, the NASDAQ dropped for at least 2 weeks with strong momentum, if history is right we could see a strong bearish week this week.

Bearish PatternschartingHead and ShouldersheadandshouldersformationindexTechnical Indicatorsnasdaqnasdaq100StocksTrend Analysisus100

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