Nas100 Outlook

Nas is looking like it is re-accumulating atm but it could turn on a dime and all of a sudden become a distribution schematic so pivot areas are indicated in the annotations on the chart. Just watch out for what price action does in the next coming weeks along the key areas and levels as it will be pretty telling if we are going to start a meltdown soon or if we are going to have a last push to the top most quarter key level.

A H&S pattern looking formed atm. Could melt, could not, we will see.