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Bearish patterns in tech

102
The Nasdaq semis FTXL is forming a head & shoulders top pattern and the Nasdaq IXIC is forming a cup & handle

Is key that the Nasdaq respects this support area where it converges with its 200-day MA

The semis weight +8% in the index so is a very important component

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dpuleo19
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Bearish PatternsCup And Handlecupnhandlehead_and_shoulderHead and ShouldersnasdaqsemisTrend Analysis

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Bearish PatternsCup And Handlecupnhandlehead_and_shoulderHead and ShouldersnasdaqsemisTrend Analysis
dpuleo19
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Penafian

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.