Nasdaq-100 Index ETF
Investment Thesis
QQQ has just erased its entire July selloff in a textbook V-shaped reversal on expanding volume, with a confirmed golden cross and market breadth near 52-week highs — suggesting the bull trend is firmly resuming. Stochastics are stretched (97.2) and equity put/call signals extreme complacency, so the higher-probability entry is a pullback toward the SMA50 at $715, targeting a run at new all-time highs near $760.
Why It May Work
Why It May Not Work
Timeline
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