Possible Head and Shoulders

With a break below 14840 the NASDAQ has confirmed a possible head and shoulders with a full short target near the Daily 200 SMA @ 14050. Currently, there is also very strong resistance in the form of the Monthly Pivot which coincides with the Yearly R1 Pivot @ 15000. This could indicate that the most probable scenario is a move lower to test diagonal support near the Weekly and Monthly R1 Pivots @ 1440/