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KoosKanmar

STXNDQ Satrix Nasdaq 100 ETF. Head and shoulders forming ?

SATRIX NASDAQ 100 PRTF (JSE:STXNDQ)  
KoosKanmar  
JSE:STXNDQ   SATRIX NASDAQ 100 PRTF
Chart Patterns ETF
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chartpattern etf
This looks like it might be start forming a head and shoulders. The right shoulder is incomplete. The reason for the forming is mostly due to a weaker USD, and also in a smaller part because of a little weakness in this index. This is not a sell signal, just a heads up. I have no position, but am looking at this ETF for weakness as a starting point to get into this ETF.
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