Invesco QQQ Trust, Series 1
Long
Updated

Nasdaq - The stock market remains bullish!

1 264
💰Nasdaq (QQQ) is just heading much higher:
snapshot

🔎Analysis summary:
Basically since April of 2026, all indices entered into a parabolic bullrun. And while the Nasdaq is currently retesting a major resistance trendline, markets are not slowing down at all. Looking at the higher timeframe, the Nasdaq could easily break this resistance soon.

📝Levels to watch:
$600 and $800

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)
Trade active
💰Nasdaq (QQQ) is maybe breaking out soon:
snapshot

🔎Analysis summary:
Over the course of the past three months, the Nasdaq has been rallying about +35%. And while this rally was not unexpected, the Nasdaq is now still sitting at major resistance. Since bulls are still 100% in control, we could also see a bullish breakout pretty soon.

📝Levels to watch:
$750

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)
Trade closed: target reached
💰Nasdaq (QQQ) is still following all structure:
snapshot

🔎Analysis summary:
Basically since the beginning of 2026, the Nasdaq has been creating a massive rally. And with this recent bullrun, the Nasdaq is also back retesting a major resistance trendline. Since there was no bearish confirmation yet, the chart still remains bullish though.

📝Levels to watch:
$750

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

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