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hungry_hippo

NDX Pennant

Nasdaq 100 Index (NASDAQ:NDX)  
hungry_hippo Updated   
NASDAQ:NDX   Nasdaq 100 Index
Chart Patterns NASDAQ 100 CFD
4
0
chartpattern ndx
Looks to me like NDX (QQQ) is forming a pennant. Expecting a little weakness tomorrow, since weekly patterns match the last 3 Thursdays, so it's probably gonna dip like the last 2 Fridays.

No Position
Comment:
Tomorrow is quadruple witching day, with the market pretty much at ATH, it furthers my belief that tomorrow will be a down day. Watch out for a possible end of the day bounce.
Comment:
Hmmm, ended the day right on the line. It might break the line Monday then back test.
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