NASDAQ – heads up, big target hit UPDATE – Island Reversal Present on Daily

03/20/2018 – heads up, sure looks like an island reversal present on the NASDAQ monthly.

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not only do we have the 1.618 extension from 2000-2002 being hit but we also have a 1.27 AB=CD from the all time low and a 3.618 WX=YZ all being hit today. this ‘should’ be pretty significant resistance.

a word to the wise is sufficient …

Bart

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART