IMPORTANT: The projections or other information generated by SqueezeFinder regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results.
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The big tariff decision that was supposed to come yesterday ended up being a bit of a stalemate, however, the U.S. Supreme Court issued three decisions but did not rule on the major case challenging the legality of President Trump’s sweeping global
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The $QQQ tech index looks primed for a move to new all-time highs this week unless we get a negative catalyst within the next few days bad enough to knock us down out the current resilient resumption of long-term uptrend. The $QQQ tech index closed
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The $QQQ tech index ended Friday just shy of the 627-629 pivot range at 626.65 (+1.00%). However, despite the valiant attempt to challenge the upper pivot, the recent news of Powell’s DOJ investigation has the markets in a slight panic in overnight
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Yesterday’s close on the $QQQ tech index showed the bulls are still able to hold their ground, but not yet able to challenge the 627-629 long-term bullish continuation confirmation pivot. The bulls need to be wary of today’s economic data releases,
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Yesterday’s price action on the $QQQ tech index (last close 617.99 (+0.79%)) was bullish, but we still are a little over 1% rally away from challenging the long-term bullish uptrend continuation confirmation pivot at 627-629. Once we break over this
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We enter the new year with the $QQQ tech index still above the 613 pivot level, but below the long-term bullish continuation confirmation pivot at 627/629. We closed at 614.31 (-0.83%), which implies the bears are starting to put pressure on bulls
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Yesterday’s market action was disappointing after the $QQQ tech index again failed to rally toward the major long-term bullish continuation confirmation pivot between 627/629. We closed yesterday at 619.43 (-0.23%), which is still ~1% above the 613
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Yesterday’s price action on the $QQQ tech index was pretty insignificant after a close still nudged between the 613 bullish pivot and the 627/629 long-term bullish continuation confirmation pivot. Yesterday’s close of 620.87 (-0.48%) shows the bulls
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This week’s pre-Christmas recovery rally has us set up to potentially make new all-time highs on the $QQQ tech index next week, fitting considering ‘tis the squeezon. Bears faces are being melted after every rally is bought up aggressively, and
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We have an early close today (as detailed below at the bottom of the economic data releases section) at 1PM ET, but the market is turning bullish again after the $QQQ tech index closed above the 613 pivot, and has now moved even closer back towards
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An awesome beginning to the week yesterday after the $QQQ tech index rallied 0.48% to close at 619.21, which puts us 1% above the 613 pivot, and a little closer to the 627/629 long-term bullish continuation confirmation pivot. Once we break above
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After Friday’s bullish recovery for the $QQQ tech index, we closed strongly above the 613 pivot at 617.05 (+1.30%), and completely erased the ugly big red candle on 12/17, and we look poised to next make a push back towards the next critical level
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Yesterday’s price action on the $QQQ tech index was a much needed little victory for the bulls after the 600 level was defended for a close of 609.11 (+1.45%), albeit a shame that the 613 pivot was rejected within pennies (high of day at 612.93).
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The $QQQ tech index closed yesterday at 610.54 (-0.50%), which is below the critical pivot at 613. This showed bears are really taking control with the narrative about a less dovish Fed next year (potentially only 1 rate cut in 2026). It’s likely
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We enter another exciting week in the markets after a disappointing Friday where the $QQQ tech index rejected the 627 long-term uptrend bullish confirmation pivot extremely hard, and faded all the way back down to below the 613 pivot before closing
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The $QQQ tech index has been stabilizing just shy of the 627-629 resistance/pivot. We closed yesterday at 625.58 (-0.32%), which still shows directional sentiment as being largely bullish despite the red day. Space themed stocks have continually
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We finally up the got the outcome we wanted for the broader market to continue on its meteoric rise and set us up for new all-time highs. This environment sets up the $QQQ tech index to see new all-time highs before end of year. After Jerome Powell
