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March 18 NASDAQ Update – QQQ Still Trading Below the Yellow Trendline

$QQQ also had a bullish weekly open with a gap higher, but is still trading below the yellow trendline. I believe $NVDA is having a large impact on this bullish weekly open due to the start of the GTC 2024 conference. For now $QQQ is still trading below the yellow trendline, and I would monitor to see if QQQ is able to climb back above the yellow trendline this week.

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