NASDAQ:IXIC   Nasdaq Composite Index
NASDAQ is forming a potential head and shoulder pattern

The neck line of this shoulder is 13247

If it goes below that or the daily candle close below that level that means the decent will start

Looking @ DXY also it seems it is co-inciding as usual with the potential down turn of the market .

20 Sept is the Fed event and that can bring the news to push the market down

The strong support level is 12289 level

Anthing around 12k area should be strong buy as the bound from this level would be amazing

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