Stocks have been volatile this week...and last week and the week before that. The Nasdaq 100 sold off all the way down to it's multi-month support level and then bounced. We can see 2 solid green candles on the daily chart, which means we've had a turnaround and the QQQ's are in recovery mode. The question is will it last? The rising wedge pattern suggests it will last at least another 3%. Then, it will either breakout above the upper resistance line or come back to support again. The important pattern to keep an eye on is higher lows. If the QQQ's can maintain higher lows on the downturns, our uptrend is intact and we're still in a healthy bull market. So far so good. The Nasdaq 100 contains the best growth companies in the world and we know volatility is just part of everyday life as an investor. But, for those who can handle the ups and downs, this index is where long-term growth comes from. Fundamentals give us confidence in the viability and earnings potential of the stocks we invest in, but technical charts guide our way forward. And this chart looks solid.