Testing the Underside of Head & Shoulders in Nasdaq

By FuturesIntelTM
This seems like a high probability short after yesterday's profit taking waterfall.

The Fed has been asking for inflation for years, now the question is how well we can manage it. A rate raise cycle could be inevitable, which could/should result in some profit taking.

Good luck to all!
Elliott WaveHead and ShouldershighprobabilityhighprobabilitysetupnasdaqNASDAQ 100 E-MINI FUTURESTrend Analysis

Disclaimer