Two Blokes

Nasdaq 100: The Pattern I See Everywhere, Very Bullish (Technical Analysis)

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    Posted by Two Blokes Jun 30 - Filed in General - #TwoBlokesTrading  - 8 views
    I've noticed a recurring inverse head and shoulders pattern in high-beta tech stocks, signaling potential bullish reversals; the pattern is noticeable in the Nasdaq 100 and the QQQ ETF. I break down the pattern, where I see it in the chart, and how the current momentum indicators support a bullish take on QQQ.