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Sean HymanSean Hyman
Keymaster
Post count: 4506

While that’s certainly a possibility…if MSFT and AMZN complete a potential head and shoulders pattern, I think it will rule out a sideways move for the NASDAQ.

The neckline (black line) would have to break, for those to be true head and shoulders (bearish) patterns.

https://www.investopedia.com/search?q=head+and+shoulders

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