The question is not if it's going to drop that hard, the question is if it's gonna honor the fibs and provide a good entry.
When it hits the fan, don't say you weren't warned.
ノート
Brace for impact: part 1 Nasdaq100 created a new ATH, showing an obvious divergence with its fellow US Indices.
*Has the right to drop any time it wants. Will it form an ending diagonal or is it doomed already?
ノート
Break-out of the lower trend-line (purple) would be a bad thing for NASDAQ. However, if it continues going up, an Ending Diagonal would be an "unicorn".