NASDAQ time is running out

NASDAQ is breaking below 14000 again

 

NASDAQ broke below 14000 again as it has broken below the neckline of an H&S formation. Downside support stays at 14200, and all the possible bounces should be capped there. A break below 13700 gain will open the extreme downside extension targeting 12600.

Note: look for the short trade entries with the stops above 14150

 

NASDAQ downside extension

 

 

 

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