Date: 9th December 2025
Could this be a possible NDQ scenario? It seems that the Nasdaq might be forming an inverted head and shoulders pattern.
I dip to complete the right shoulder might be on the cards next. If the pattern plays out the dip in nasdaq (upto 24600 levels) should be bought into with a strict stop loss of 23850. The target for the completion of this pattern would be around 27500.
Safe traders can also go long once the shoulder forms and the price begins to play above the neckline.
Chart below
What are your thoughts?