The First Week of September 2023 -- Cup and Handle

01/09/2023 27 min
The First Week of September 2023 -- Cup and Handle

Listen "The First Week of September 2023 -- Cup and Handle"

Episode Synopsis

Although September was the first down month in the market since February, it bottomed out on August 18 and closed the month in the top half of its range. On a monthly chart, the QQQ is forming the handle of a cup and handle shape. Adam explains what that means and why it could be a bullish sign.