Nasdaq Head & Shoulders Forming
Right shoulder is in progress. Based on FANG stocks, it appears that most have exhausted their push. Right shoulder may not be as high as left shoulder.
These stocks are moving as if its their big earnings rally, its not.
These stocks are moving as if its their big earnings rally, its not.
Nota
Appears right shoulder top is in.Nota
Right shoulder top is in, now forming bottom, neck line should be breached here, then it comes back to test it.
Penafian
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