The overall trend of nasdaq is bearish movement, however, the continuation bearish power seems to have weakened. This resulted in the formation strong & powerful bullish impulsive momentum of I'm expecting to form an inverted head & shoulder formation, once this formation is completed that's when nasdaq will continue with the bearish movement.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.