Sources
email://103085
email://103447
TLI analysis of QQQ: wedge breakout, tested $731 2-Fib resistance, now pulling back. CPI on Friday is the deciding factor. If cool, QQQ pushes higher. If hot, tech pressure continues. Key level: hold above 50-day MA at $711, flip $731 to support for bull case. Fed rate decision next big catalyst after NVDA earnings.
A big week ahead for $QQQ. Last week saw stronger jobs data, rate expectations moving higher, and oil moving higher. This week: PPI Thursday, Jobless Claims Thursday, CPI Friday, Consumer Sentiment Friday. For me, CPI is the main one to watch. If inflation comes in cooler, that gives QQQ a good chance to push higher again. If it comes in hot, yields move higher and we could see more pressure on tech. QQQ broke out of a wedge, tested the 2 Fib at $731 from below, and has pulled back to retest the wedge breakout level before bouncing again. Closed above the 50 Day MA at $711. Flip the 2 Fib at $731 to support = Bull Case = continue higher. I still believe the market has not topped. NVDA earnings out of the way was the last big challenge. Fed decision on rates ahead: 0.25% increase expected but still could begin weakness; higher increase would be concerning.
|- 2026-09-15 — $705.04 Live price update.
|- 2026-09-11 — $708.69 Live price update. | 2026-10-02 (afternoon) — $748.85 Live afternoon price update.
| 2026-10-06 (afternoon) — $760.99 Live afternoon price update.
Subject: $QQQ - TOP 20 - Price check: 2026-09-14 — $714.88 There are a number of items to unpack this weekend: - CEO of Anthropic urged a slow down in the Ai Sector due to safety concerns that Artificial Intelligence was becoming significantly smarter than ex...
Subject: $QQQ - TOP 20 - Type: Image-based TOP 20 chart post. No extractable text. Price check: 2026-09-17 — $704.72 (+0.03%) Afternoon update: 2026-09-17 close — $716.62 (+1.69%). Solid green day. FOMC-driven rally. Holding above 50 DMA at $711. 2 Fib resistance at $731 next target. Wedge breakout pattern intact.
Subject: $QQQ - TOP 20 - Type: Image-based TOP 20 chart post. No extractable text. Price check: 2026-09-20 — $721.45 (+0.63%). Post-FOMC. Holding above 50 DMA. Wedge breakout intact. Next resistance 2 Fib at $731.
Subject: $QQQ - TOP 20 - Type: Image-based TOP 20 chart post. No extractable text. (Duplicate subject, same ID as Sep 20 — likely same post) |- 2026-09-21 — $739.59 — Above 2 Fib at $731 — Bull Case activated. Wedge breakout confirmed. 50 DMA at $711 held. Post-FOMC rally steady.
||- 2026-09-24 — $741.21 — Pre-market Sep 24 — $741.21 (Sep 23 close). Wedge breakout, $731 Fib support. Sep 20 TOP 20 image #103578 at $721.45.
Price check: 2026-09-29 — $737.04 (+0.07%). Holding wedge breakout, above $731 Fib support.
Subject: $QQQ - TOP 20 - Type: Image-based TOP 20 chart post. No extractable text. Price check: 2026-10-04 — $749.53 (prev close). Sunday TOP 20 batch post.
| 2026-10-07 (pre-market) — $759.61 Live pre-market price update.