NASDAQ (update)

Friday's close @ 2091.79 confirmed a weekly head and shoulders top and was below the 50 and 100 DMA's.  The prior swing low of 2100.17 was also taken out confirming a change in trend.  We no longer have higher highs and higher lows on the weekly chart.  The next swing low for possible support is 2024.27 and the recent swing high of 2341.11 will serve as possible resistance.  The target on the head and shoulders pattern is ~ 1732.00.