Just recently the ratio broke out of a symmetrical triangle, and now we may be entering into an (purple lines).
If we can manage to stay within the , then it's safe to assume that QQQ could outperform SPY by 5 percentage points in the short term. E.g. if SPY returns 10% in a month, then QQQ returns 15% - a difference of 5 percentage points.
If we break out from the and move higher, then QQQ could really outperform SPY .