BROKE THE UP TREND. MARKET IS NOW SITTING AT A RETRACEMENT REGION
1. INVERSE HEAD AND SHOULDERS 2. 61.8 FIB RETRACEMENT ON THE WEEKLY BREAKOUT. 3. US ECONOMY WILL GET WEAKER.
WAVE C HAS TO BE AROUND 161.8 FIBONACCI EXTENTION OF WAVE A
NASDAQ IS AT A KEY SUPPORT ZONE @9528 PREPARING TO FORM A HEAD AND SHOULDER PATTERN
Nasdaq is at a key resistance zone 9528 needs to push back up to 9666 before falling again.