The QQQ, an ETF tracking the Nasdaq 100 · week 12 of a buy
QQQ (Nasdaq 100) within reach of its record: structure holds, momentum thins
The QQQ, an ETF tracking the Nasdaq 100 · week 12 of a buy
Our view last week
The Nasdaq 100 is at week 11 of a buy setup, up 9.8% from entry and just over 5% below its all-time high. The weekly structure stays intact — aligned moving averages, price above the Ichimoku cloud — but momentum is cooling: the MACD histogram has fallen for 4 weeks and Signal Strength sits at 38 out of 100. The first two scale-out windows are already behind. A mature picture that calls for management, not fresh commitment.
This week's summary
The QQQ, an ETF tracking the Nasdaq 100 — weekly technical analysis: week 12 of a buy signal, up 11.81%, with the ETF back within roughly 3% of its all-time high. Versus a week ago, price has pushed toward the record again, powered by a daily that has reignited — a double bottom in the 694 area and buyers taking more than 90% of volume. On the weekly, though, the MACD histogram has fallen for a month. Structure holding, underlying drive thinning: a mature uptrend to walk along with care.
IQS Phase
51
ordinary
Signal Strength
38
medium · weak
ATH distance
3.19%
3.19%
KPI 4
0/3
Trade P&L %
+11.81%
from signal to today
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