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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Friday’s performance on the $QQQ tech index was a nice little recovery to 609.65 (+2.11%), but we still remain just shy of the initial bullish pivot at ~613. So, until we clear that level, the bears remain more* in control of broader market
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The $QQQ tech index is in total bear territory with a close yesterday at 597.03 (-1.44%) with a new low of day set in after-hours at 587.44, now recovering back up to ~595 in overnight trade. The bulls really need to reclaim the 600 psychological
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The $QQQ tech index made a great recovery move yesterday and closed up 0.69% at 626.14 (less than 0.5% away from the critical pivot range between 627-629). Once/if we break through the 629 upper pivot range, all-time highs above 637 will come in a
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The broader market continues to struggle to find support in overnight trading, as futures continually display cracks in the prior bullish sentiment that has us looking poised for new all-time highs and beyond. The $QQQ tech index closed Friday at
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Yesterday’s price action on the $QQQ tech index was dampered a tad by the (as expected) rates being held steady at FOMC, but still managed to the get the new all-time high print of 636.6 (just above the prior ATH at 636.2). Watch to see if bulls can
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The $QQQ tech index ended last week at 622.72 (+0.32%) after some trade/tariff related whiplash was resolved by Trump once again being all bark, little bite. The main support area to watch before assuming potential for bearish continuation is 613
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The $QQQ tech index closed yesterday at 620.76 (+0.73%), which leaves us onde again smack dab in the middle between the lower pivot at 613 and the upper pivot at 627/629. If the bullish recovery continues at the current pace, we could see a push
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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
