NASDAQ: 4H Death Cross after 5 months. Is it alarming?US100SKILLING:US100InvestingScopeNasdaq turned neutral on its 1D technical outlook (RSI = 53.895, MACD = 223.760, ADX = 28.154) as it is on a strong pullback since yesterday. The market just formed its first 4H Death Cross since February 6th and it did so while being under a LH trendline and a Bearish Megaphone pattern. As long as it doesn't cross that upwards, the Death Cross should technically push it lower to a new LL and a 1D MA50 test on the 1.236 Fibonacci extension (TP = 27,750) like the previous Low. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##