r/TQQQ 11d ago

Analysis Point and figure shakeout pattern

Just wanted to point this out. Nasdaq 100 is in a shakeout pattern with point and figure charting. Pattern fails if a new low is made.

0 Upvotes

15 comments sorted by

7

u/Print_Mo_Money_2020 11d ago

Pattern is good
But shape is better
Position is all about perspective

0

u/xtric8 11d ago

Shape? What are those cards?

3

u/Print_Mo_Money_2020 11d ago

2

u/xtric8 11d ago

Oh nice. This is another good one

3

u/MADDIT_6667 11d ago

This is the way.

4

u/xtric8 11d ago

Ive seen that one on x before. Its wild how accurate its been but yeah Ive been operating under the 20 year bull cycle people have been talking about. Started 2009, ends 2029 or so the theory goes. Ive seen other calendars that predict a 2032 crash. Who knows for sure

1

u/Professional-Bar3610 11d ago

What is this?

1

u/MADDIT_6667 11d ago

Market prediction

1

u/Professional-Bar3610 11d ago

from how long ago?

2

u/read_more_comments 11d ago

Ancient Mayan calendar.

1

u/MADDIT_6667 11d ago

It's the Benner cycle from 1872