$NDX - Rising Trend Channel [MID-TERM]

🔹Breakdown support of Rising Trend Channel in the medium long term.
🔹This indicates a slower rising rate at first, or the start of a more horizontal formation.
🔹Approaching resistance at 15800, which may give a NEGATIVE reaction.
🔹Once break upwards through 15800 will be a POSITIVE signal.
🔹Technically NEUTRAL for the medium long term.

Chart Pattern:
◦ DT: Double Top | BEARISH | 🔴
◦ DB: Double Bottom | BULLISH | 🟢
◦ HNS: Head & Shoulder | BEARISH | 🔴
◦ REC: Rectangle | 🔵
◦ iHNS: inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️