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waikiaobu
Oct 8, 2020 3:59 AM

Nasdq Short

E-mini Nasdaq-100 FuturesCME

Description

1.Nasdaq is setting up its Head & Shoulder Top
2 but for further term cycle, it is a Head & Shoulder Bottom
3.Now it is at the highest pressure for Head & Shoulder Bottom Neck line. so it will drop soon.
4.Fib position is 50% below from its Sep top.
5.Elliott wave says it's at 4 end and ready for 5 accelerating if Head & Shoulder Bottom fails.
Comments
maj1234
As of date the index is above the right shoulder and therefore H&S is void.
maj1234
@maj1234 the inverse H&S has actually now triggered.
wordsforthewise
head and shoulder and shoulder
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