Classic "Yum" Pattern on Nasdaq futures today

By norok
Wizard
Today those day trading the Nasdaq futures could clearly observe the classic "Yum" pattern emerge on the chart of NQ1! Nasdaq future. This follows a touch of major Resistance; the 50% Retracement of the August high to October low following a major JPow rally from yesterday setting up a double top at said Retracement level.

snapshot
50retracementChart PatternsDouble TopfuturesnasdaqretracementlevelsTrend Analysis
norok
Wizard
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