The current price: 13619
Key point: 13730
Our preferred direction: short positions below 13730 levels, targeting 13375 as a first target, then 13200 as a second target
Alternative scenario: stop loss and change direction by breaking 13730, targeting 14000
Technical comment
The US Nasdaq index fell below the pivotal resistance level 13730, which was the top of last August, with the formation of a harmonic alt bat pattern, so that the price is expected to fall to levels 13375-13200