Nas100 daily idea
Potential inverse head shoulders setup on the daily time frame.
Direction will directly correlate with us treasury bond yields.
If we see a further spike in bonds, the market will continue to crash to key support.
If yields decrease head and shoulders pattern will follow.
As always
Never financial advice
Trade responsibly
Direction will directly correlate with us treasury bond yields.
If we see a further spike in bonds, the market will continue to crash to key support.
If yields decrease head and shoulders pattern will follow.
As always
Never financial advice
Trade responsibly
Disclaimer
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.
Disclaimer
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.