Bullish Pattern: V-Shape + Shakeout with Strong RSI Signal

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On the QQQ weekly chart, a recurring bullish pattern has emerged multiple times over the last years:

1) V-shape recoveries followed by Cup & Handle formations and then a shakeout, all of which preceded powerful upside moves (highlighted with arrows and circles).

2) Each time the weekly RSI touched the 30 zone, it triggered a strong bullish rally. This happened three times in the past (2018, 2020, 2022) and just occurred again in March/April 2025.

3) Both times the Cup & Handle pattern formed, the RSI found support around the 45 level.

This suggests that QQQ may be setting up for another bullish leg if history repeats itself.

📊 Key Takeaways:
  • Weekly RSI bouncing from oversold (30 zone)
  • Recurrent V-Shape + Cup & Handle + Shakeout bullish pattern
  • Strong rallies historically followed this setup


⚠️ Not financial advice — purely a technical pattern study.

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