Pennant in Nasdaq Futures

21 בספט׳ 2021

This pennant has not signaled which way it'll break out, but it's imminent. A solid breakout in either direction would go about 3.5% from the break point, based on the size of the pennant.

If I had to guess, I'd say there's a higher probability of a downside break (long term charts, currently in a downtrend).