QQQ continues to show strong upside momentum, breaking higher as buyers return to the growth and tech names. Price has recovered sharply from the recent lows and is now pushing into an area where prior resistance could come into play.

The TSI has turned up aggressively and crossed above its signal line, confirming improving momentum, but it is also moving into elevated territory after a fast run. That suggests the trend remains bullish near term, though a short pause or pullback would be normal after such a strong advance. If QQQ can hold recent gains and consolidate, the move may have room to continue higher.

Wishing you the best,

Wendy

Demystify Trading Tech And AI. This One ETF lets you get your share of the boom. Find out how it works, click here.