$NVDA earnings week sets the tone for everything.
$QQQ closed 679.89 Friday — still under the 200 EMA at 688.44. Three paths from here:
🟢 Bulls reclaim 708, then 725 opens up
🔴 Bears break 671.68 and 667 → 654 and 647 in play
🟡 Chop between 667–695, pin into Friday opex
$NVDA reports Tuesday after the bell. That's the line in the sand. Back over 688.44 on $QQQ and bulls are in control. Lose it and we're range-bound or worse.
This week is binary. $NVDA either confirms the rally or we're back to defending support. Watch 688 on $QQQ — that's your tell.
$QQQ closed 679.89 Friday — still under the 200 EMA at 688.44. Three paths from here:
🟢 Bulls reclaim 708, then 725 opens up
🔴 Bears break 671.68 and 667 → 654 and 647 in play
🟡 Chop between 667–695, pin into Friday opex
$NVDA reports Tuesday after the bell. That's the line in the sand. Back over 688.44 on $QQQ and bulls are in control. Lose it and we're range-bound or worse.
This week is binary. $NVDA either confirms the rally or we're back to defending support. Watch 688 on $QQQ — that's your tell.
