Could the Nasdaq be about to bounce back?!

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Despite all the bearish news around tech stocks and increasing chatter speculating on a wider US market crash, the chart for the Nas could be printing an inverted head and shoulders pattern, which would complete nicely to set the market up for a Santa rally through top December.

I'm not currently trading this, but will keep watching and may get interested if the H&S pattern completes and is followed by a breakout.