4Mon·

$QQQ right shoulder invalidated.

$QQQ $QQQ right shoulder invalidated. That H&S setup got smoked. Bulls defended hard above $515. Now watching if we build for a higher move, or just a fakeout.

4 Comments

K@TechNav

4Mon

Wtf are you talking about

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Muschel@Muschel

4Mon

@TechNav nasdaq100 looked like it develops a Shoulder-Head-Shoulder pattern. If this were true, the technical analysis suggests much lower prices, therefore a big crash. According to the comment, this pattern was invalidated (breakout above the shoulder level) this could indicate an ongoing upwards trend.

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K@TechNav

4Mon

@Muschel ooooh mambo jumbo stock astrology… ok ok

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Muschel@Muschel

4Mon

@TechNav haha, you could put it that way😂

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