Nasdaq 100 · new record confirmed on the close
QQQ (Nasdaq 100): a new all-time high, with technology carrying the move alone
Our view last week
The QQQ, the Nasdaq 100 ETF, grazed its all-time high in the 749 area and now sits 0.56% below it: in one week the trade has gone from 1.32% under entry to a +1.84% performance. Technology, half the basket, gained 3.52%, and the MACD histogram climbed from -3.08 to -1.58, still below zero. Weekly price action remains bullish while Signal Strength stays low: a swing trading setup to walk along without adding risk right under the record.
This week's summary
The QQQ, the Nasdaq 100 ETF, prints a new all-time high in the 754 area and confirms it with a weekly close above the old record, which it had only grazed 7 days ago. The trade's performance rises to +2.53% since entry, driven by technology, half the basket, while US market breadth narrows. In the technical analysis, price action stays bullish and the MACD histogram climbs toward zero, but Signal Strength sits at 7 out of 100: a swing trading setup to follow with care.
IQS Phase
45
ordinary
Signal Strength
7
low · fading
ATH distance
0.66%
0.66%
KPI 4
0/3
Trade P&L %
+2.53%
from signal to date, no stop loss
Nasdaq 100 (QQQ) weekly chart — EMA50 · MACD · VWAP
Weekly chart · EMA50 · MACD · VWAP · Source: TradingView
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