On 11/10, the NDX had created a pattern that wasn’t very pretty and in many ways rather scary! (see post here)
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The pattern wasn’t pretty 7 days ago, is it better looking now?
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Flag breakdown at (1)? Not an ideal flag, yet it looks like a breakdown of short-term support after a breakdown of a rather large bearish rising wedge. This pattern should treat PSQ rather well!
Shared monday morning the the U.S. Dollar could bring some excitement to the markets (see post here) Should the Dollar bust through the 79 level by a couple of percent, thje above chart will have much further to fall!!!
Flat Tops Create Drops