Its not the odds of something happening that is important….its the “impact if it does!”

The NDX 100 could be making a near perfect head & shoulders pattern in the chart above.  Why say “near perfect?”  I share this due to the left and right shoulder are nearly the same distance on either side of the head at the 50% Fibonacci level of the tech crash from 2000 to 2002.  Too perfect? Too Easy?

Humbly I don’t know if this is a Head & Shoulders top, I can’t prove it.  Possible though!!!

All I know is this…if the pattern read is correct, the impact would be large on tech stocks and the S&P 500!!!

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past