What happened if NASDAQ has:
1. Double Peak
3. Bearish Wedge
The answer is short.
Back to my VIX study one week ago which showed a bullish divergence, I expect more drop in S&P500 as well as NASDAQ, too.
The rise of the Index IBOVESPA may come to the end soon, please look at the 2hr bearish wedge, the index will drop when there is no more squeeze.
The Bovespa Index (Portuguese: Índice Bovespa) best known as Ibovespa is the benchmark index of about 60 stocks that are traded on the B3 (Brasil Bolsa Balcão).
ASX 200 has been rebounding well from late-Dec of 2018.
It has been continuously climbing higher and higher in recent months.
Now, it is constructing The Infamous M-Peak (Double Peak), with a very first target of 6530, then 6320.