Aside from a handful of Twitter posts, I have not published a public chart in a while, and so I thought I would here.
I do not like the structure that has developed on the Nasdaq 100 futures. There is a reasonable chance that it has formed a large head and shoulders continuation pattern and I suspect the structure may fail. The “right shoulder” has a diverging high (RSI) as we speak (this can be broken with a strong continuation of the rally, but I am skeptical of that).
If this does fail, I have noted the target on the chart.
Note: When articles are first posted, most of them are made available only to my Patreon supporters (I do try to publish some public posts on occasion). Over time (usually after a period of a few months), I make all of the work public. To gain access to my work when it is produced, please consider becoming a patron. More information may be found on my About page and on my Patreon page. In a nutshell, Tier 1 members ($20/mo.) get access to the articles, Tier 2 members ($35/mo.) get access to those, plus counts on about 20 other instruments, plus Discord server access.