Nasdaq - Caution

H&S chart on the daily charts..If it breaks in the next day or 2 it could hurt our markets too. This was the index which was leading American markets over the last couple years with the FAANG stocks + Microsoft + Tesla.

Watch this space closely to dictate the direction of global markets. So far the Dow Jones is holding its own and out performing the Nasdaq but we need to keep a close eye on this space.