Nasdaq make a strong spike movement to the upside early of this week..
From the technical perpective the upside movement does not seem like a strong uptrend, instead a correction / consolidation before another (maybe stronger) bearish move.
Upside movement tested the strong fibo level and forming a good potential bear flag pattern.
Watch out for breakout to the downside!
CHEEERRSS!!!
From the technical perpective the upside movement does not seem like a strong uptrend, instead a correction / consolidation before another (maybe stronger) bearish move.
Upside movement tested the strong fibo level and forming a good potential bear flag pattern.
Watch out for breakout to the downside!
CHEEERRSS!!!
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