QQQ AAPL, MSFT & NVDA gives a clear pulse check on the Q’s internal structure since these 3 collectively drive roughly a third of its weighting1. AAPL (~12% of QQQ)
• Price at $268 & trading above its 20d midline ($262)
• RSI of~64 is still in bullish territory
• Stochastics are curling up from mid-range after a shallow pullback
• MACD shows a mild bear cross earlier this week, but flattening
• Apple is the most resilient of the group & it looks like a short-term consolidation after a strong breakout; no breakdown signals yet
• Support near $262-$260, resistance at $277-$280
2. MSFT (~9% of QQQ)
• Price at $518 & rebounding after tagging its lower volatility band
• RSI of~53 which is neutral, but improving
• Stochastics are heavily oversold (~6) & beginning to turn up
• MACD is negative, but momentum loss slowing
• Microsoft shows the cleanest mean-reversion setup among the 3
• The $495-$500 region held exactly where buyers defended in October; reclaiming $525-$530 would shift short-term momentum back up
3. NVDA (~7% of QQQ)
• Price at $190 shows sharp recovery from $176 swing low
• RSI of 58 is back into bullish range
• Stochastics crossed up near 30 - fresh buy signal
• MACD suggests a bullish cross forming
• Nvidia has flipped from weakest to potential leader; strong volume rebound hints institutions stepped in near the 50d MA
• Next resistance $195-$200
AAPL & NVDA have already turned back up; MSFT is lagging, but stabilizing
• QQQ’s rebound from the $600-$603 VWAP mirrors NVDA’s & AAPL’s recoveries
• NVDA’s resurgence could offset Microsoft’s pause & sustain QQQ above its short-term VWAP (~$610)
• If all 3 close above their mid-lines (AAPL ~$262+, MSFT ~$525+, NVDA ~$190+), QQQ’s path to $625-$630 opens quickly
Together they support a short-term bullish bias for QQQ as long as that $600 VWAP remains intact
