Ticker: $QQQ
QQQ is clearly weekly than SPY, IWM, XLF, and XLV.
QQQ is not close to ATH resistance of 206.05 whereas the other sectors are near ATH or broke daily resistance.
If the market pulls back, QQQ will set a daily lower high compared to 206.06 and I expect an equilibrium.
If markets are strong, I will watch to see if QQQ could break 266.05 to add fuel to the market fire.
QQQ is clearly weekly than SPY, IWM, XLF, and XLV.
QQQ is not close to ATH resistance of 206.05 whereas the other sectors are near ATH or broke daily resistance.
If the market pulls back, QQQ will set a daily lower high compared to 206.06 and I expect an equilibrium.
If markets are strong, I will watch to see if QQQ could break 266.05 to add fuel to the market fire.