QQQ Premarket tomorrow > $596-597, then momentum bias turns bullish
• A push over $598 likely brings a $600–$602 retest • If volume comes in above $602, then it could stretch toward &605 • Breaks $596, especially under $594, then sellers regain control • Fast drop likely to $590–$591 (gap-fill) • Below $590, then accelerates downside, puts pay well • If it builds higher lows above $596, that’s bullish
1. Mag 7 rotation
• If NVDA or AAPL lead again, it supports QQQ • If MSFT/AMZN lag hard, upside stalls
2. Midday shift (12–1 pm)
• Yesterday we saw momentum swing at lunch; watch for it again
Tomorrow’s open above or below $596/$594 is the tell for whether to hold for $600+ or hedge with quick puts
• Both bulls & bears are defending & $596 is the pivot • If price reclaims & closes above $596–$597, the day ends as a successful defense • If it stays capped under $596 & fades, then likely close $595-$594 with a bearish tone into tomorrow
QQQ QQQ has bounced hard from the $593 low & is now reclaiming $596
• Buyers defended $593–$594 cleanly • Back over $596, which was the broken “battle line” - bullish short-term if it can hold • The last green bar is tall, with momentum behind it, which suggests shorts covering + dip-buyers stepping in
1. If QQQ can hold above $596 & push toward $598, this confirms the breakdown was a false flush (way to $600+) 2. If it rolls back under $595, then today was just a dead-cat bounce inside a downtrend, so $593 & possibly $590 get retested
• If it sticks above $596, calls regain momentum • If it stalls $597–$598, consider trimming or hedging because sellers may reload
QQQ Premarket tomorrow > $596-597, then momentum bias turns bullish
