NASDAQ repeating the 2021 and 2019 rallies.

Nasdaq (NDX) is about to complete a Cup and Handle (C&H) pattern. The whole sequence since the August 22 2024 High appears to be very similar with the price action that preceded the 2021 and 2019 C&H patterns.

As you can see, both of those pattern had an identical trend towards them and equally rally after them, which targeted the 2.618 Fibonacci extension.

If the current C&H is completed on the 4H MA200 (orange trend-line), it is reasonable to expect to continue to repeat those past patterns. As long as the 20600 Low doesn't break, we expect a June rally to 24650 at least.

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