The Nasdaq is setting up for a dip before a bigger move, prepare for what might come next. After last week's close, the Nasdaq showed local weakness, failing to reclaim key support. And September is working against it. To put this into perspective: September is the single worst performing month for US indices in history. That seasonal drag may be exactly what fills the long idea lower. Here's where it turns. October and November tend to be very positive months, and that's where this idea should thrive, with follow-through toward the previous all-time high. This is key: the higher time frame structure stays constructive, with a potential Head and Shoulders in the making as a base to spring higher.