Obvious head & shoulders forming on Nasdaq

there is an obvious head and shoulder pattern forming on the nasdaq. The nasdaq should go to at least 6500.

 

Painfully obvious that we are going to see 6500.

Yep, it is super obvious we are getting another 10% correction. Yeah, it is so CLEAR!!!!!

 

As permabear I hope we will soon see the vomiting camel.

 

Hindsight charts is like looking at a tracing book, or staring at art for hours and hours. -- You can devise random, crystal clear images within them and various completely logical meanings.

But the past...is irrelevant. and history. A trader needs to see and sense the image in real-time unfolding before your eyes. Not just simply follow a blind line, but the reasoning and logic behind it. Expectations and assumptions unfolding within the matrix, or chart box.
Have a malleable, dynamic, slow-moving honey mind...not a mind filled with easily moving and gushing and splashing water everywhere. -- or a frozen mind, to cover the opposite end of that spectrum.

 

Nasdaq Math 101
Higher Highs + Higher Lows + Earnings = 7500

 

"The obvious is never obvious" ~ Jeff Gundlach

 

Hall of Fame Post! I nominate this post as the best post ever on ET!

 

Only if 7000 breaks properly.