I think Nasdaq is very dangerous. It is similar that Kospi(Korea stock Index) four months ago. The KOSPI Index made Head and Shoulders pattern. And the KOSPI price dropped 24% from its top. now Nasdaq makes right shoulder. If it would collapse neck line, It is good chance for short traders.
Is it the beginning of the financial crisis? I cant't understand the current economic flow. However, it is clear that the chart is a bear market.
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