The is three ups and two downs from the last low. With an ascending triangle. Equals Bear Flag.
Low on May 22 = 27050 Low on May 26 = 28000 Low on May 27 = 28220 NASDAQ posted positive gains for the past 3 days. Probably low volume over the Memorial Day weekend in the US. Will the shorts get liquidated?? I am long until a few days before the next FED FOMC meeting. We saw last month that both the NASDAQ & BTC dumped the day after the FOMC meeting on May...
Pre-market (US) is positive. I think we may break wedge at US open.