NASDAQ Is the Chart of the Day. Find Out What Pattern Preceded the Sell-Off.

August 8, 2022, NASDAQ 5-Minute Butterfly Sell Pattern

The NASDAQ is a widely traded asset. Harmonic patterns such as this Butterfly reversal sell pattern, are staple patterns which form consistently, especially on intraday time frames. Notice the .886 retracement where the index found support, this is now a key level to monitor.