NASDAQ 100, having recently formed a bearish flag pattern, is predicted to continue its downward trend and is close to reaching a 2:1 risk-to-reward profit target.
"NASDAQ has just recently actually printed a bearish flag... And the goal here of the bare flag is to continue the trend towards the downside... if you use a 2:1 risk-to-reward you can see that this pattern has not reached the profit target yet but we are getting very close here to the profit target."
