H&S chart on the daily charts..If it breaks in the next day or 2 it could hurt our markets too. This was the index which was leading American markets over the last couple years with the FAANG stocks + Microsoft + Tesla.
Watch this space closely to dictate the direction of global markets. So far the Dow Jones is holding its own and out performing the Nasdaq but we need to keep a close eye on this space.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.