$QQQ barely flinched — down 2% off highs. That's nothing.
Price sitting right on former ATH resistance, now acting as support. Clean technical setup.
Expecting a bit more chop through end of October, but nowhere near a 10% pullback anymore. Market's holding structure.
Midterms in early November could be the catalyst — classic "relief rally" setup once uncertainty clears. Watching for that pop into year-end.
Still bullish structure. Just need to hold this blue line support and let the noise pass.
Price sitting right on former ATH resistance, now acting as support. Clean technical setup.
Expecting a bit more chop through end of October, but nowhere near a 10% pullback anymore. Market's holding structure.
Midterms in early November could be the catalyst — classic "relief rally" setup once uncertainty clears. Watching for that pop into year-end.
Still bullish structure. Just need to hold this blue line support and let the noise pass.