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NASDAQ Monthly and Quarterly Performance

Today is the last trading day for the month of March and for Q1. The NASDAQ is trending to have a bullish quarterly candle close at new all time highs. April tends to be a historically bullish month for the NASDAQ and stock market, but the seasonality trend has been off for the past few weeks. There have been 5 consecutive green monthly candles for QQQ, and I think there has been little upside made in the month of March. It is possible that we get a red quarterly candle for Q2 due to the Fed pivot and overbought market conditions.

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