The NASDAQ made a small head and shoulder bottom. I will go long tonight when the market opens.
Stop will be placed at 11480 and limit will be placed at 12400. This market looks like it wants to challenge its all time high. The correction maybe coming to an end earlier than I thought. My previous post about a correction showed a whole bunch of top formations for all of the blue chips. These top formations have aborted. Failed head and shoulder patterns in my experience are very reliable.