By the simplest, most classic method, the NQ has achieved its measured move from its inverted head and shoulders pattern. Here's the chart:
The difference from the tip of the head (in yellow) to the neckline (in green), when added to the neckline price, yields a value of 2180 (in purple), which we've nailed today.
God knows what will ever soften up this collapsing-dollar-driven market, but this is a chart that indicates those long NQ might want to cash in their winnings.
