Invesco QQQ Trust Series 1Invesco QQQ Trust Series 1Invesco QQQ Trust Series 1

Invesco QQQ Trust Series 1

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QQQ This gap looks mechanical & stretched, not fundamentally healthy

• It could be a bull trap/exhaustion gap, if buyers fail to extend it by midweek
• Until we see an actual fade (close back under $609), the trend technically remains intact
• QQQE confirms that today’s rally has genuine participation, not just a top-heavy squeeze




QQQ they really do not want new ATH



QQQ I'm sure AWS getting hacked is great for a tech sector ETF lol surprised that its not free falling once again

QQQ

AWS was hacked . . . Market doesn’t know it yet?

QQQ If QQQ can close above $612, it may confirm a breakout & signal potential continuation toward $620-$625; conversely, a failure to hold above $608-$610 could lead to short-term consolidation

1. Potential Cup & Handle

• The decline from ~$610 to ~$590, then a rounded recovery back to ~$610, forms the “cup”
• The brief pullback and consolidation near ~$600-$605 could be forming the “handle”
• A decisive close above $612-$613 would confirm the breakout, often targeting a move roughly equal to the cup’s depth (~$20), implying a potential target around $630-$635 in the near term

2. Short-Term Higher-Lows Trend

• Since early October, the lows have been rising from $590 to $595 to $600, while highs are testing the same ceiling (~$610)
• That’s a bullish ascending triangle structure, suggesting building pressure toward a breakout

3. Overhead Resistance/Double-Top Risk

• If QQQ fails to hold above $611-$612 again, this could evolve into a double top, which is a bearish reversal pattern
• The neckline for that would be around $595-$598
• A break below there could open room toward $585-$590