Over 100 new highs and many bounces from support; $QQQ, $TEAM, $COUP


It is looking to  me like this brief decline is coming to an end. Many stocks bounced off of support on Friday and moved up on Monday. Look at this daily chart of QQQ. There was a clear bounce off of the lower 15.2 daily Bollinger Band on Friday and a rise on Monday. This pattern was evident in many growth stocks.


TEAM is a good example. A BB bounce followed by a green dot signal. TEAM is holding its recent GLB.

Similar pattern with COUP.

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