NASDAQ on the verge of retracement

٩ فبراير ٢٠٢٣

Not saying that the NASDAQ might not have a blow off top, but the lower high and the stalling and the candlestick patterns suggest that there is a break down incoming. MACD levelled off and is retracing already.

Likely a reversion to mean retracement, and breaking down below 11,355 (the TDST) is bad news...

Let's see