NASDAQ - Almost Ready!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

As per my last video analysis (attached below), we were waiting for NASDAQ to form the right shoulder to consider that our head and shoulders pattern is valid.

The head and shoulders pattern is now complete but it is not ready to sell yet. We want the sellers to prove that they are taking control by breaking below the previous low ( head and shoulders neckline).

Trigger: Waiting for a momentum candle close below the gray area (neckline) to sell.

and until the sell is activated, this one would be overall bullish and can still trade higher.

As it approaches the lower brown trendline (from Daily) we will be looking for trend-following buy setups.

Good luck!