NASDAQ 100 BREAKS DOWN FROM BEARISH TECHNICAL PATTERN | NDX Technical Analysis

Today I do an analysis on the Nasdaq 100 (NDX) breaking down from a bearish technical rising wedge pattern. I go over multiple timeframes (Monthly, Weekly, and Daily) on candlestick charts.

I use technical analysis on the nasdaq 100 to forecast where future price action may go. Looking at this chart, it's still in very bullish context, however we need to pay close attention to these very bearch technical patterns so that we can prepare ourselves if the market does crash in 2020 like it did in the tech bubble burst in 2001.

TIMESTAMPS:
Intro: 00:00
NDX Monthly Chart: 00:30
NDX Weekly Chart: 03:27
NDX Daily Chart: 06:39

NASDAQ 100 (Previous Video):
https://www.youtube.com/watch?v=txuN74ep1uQ&feature=youtu.be

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#Nasdaq100 #StockMarket #TechnicalAnalysis