The Nasdaq-100 has Developed a Bullish Cup With Handle PatternNASDAQ 100 IndexNASDAQ:NDXRizeSenpaiI recently shared a fractal on the SPX that seems to be continuing to play out targeting the 2.618- 3.168 Fibonacci extension here: So far we have moved above the 2.618 and seem to be holding trend for the last move up to the 3.168. I suspect we will see this sort of movement as the Balance Sheet starts to climb again. Naturally if the SPX is running up we should probably expect the Nasdaq-100 to move up with it and it just so happens that the Nasdaq-100 has developed what seems to resemble a Cup with Handle pattern and price is currently sitting at the 0.618 retrace from local low to high. At this 61.8% retrace, the RSI has Bullishly Diverged a few times and it seems as if there may be a bit of accumulation here. If the NDX tracks with the SPX fractal we should soon see the NDX go for the 3.168 before potentially coming back down quite hard once inflation likely kicks back in sparked by what will probably be a significant rise above $100 in oil prices. Until the, I think we will remain quite Bullish and enter the finale phases of a blowoff top before the fed is then forced to ring everything back down to quell inflationary pressures. In looking to play this SPX fractal as a correlation trade on the NDX, I think this Cup with handle setup could turn out to be a great midterm entry and as a side I will also be getting Bullish on Bitcoin here: