Nasdaq-100 Index ETF
Investment Thesis
QQQ printed a fresh 52-week high at $695.77 — effectively an all-time high — while the QQQ/SPY relative-strength ratio accelerated above both its 50- and 200-day SMAs and market breadth RSI remains a moderate 57, suggesting the rally still has participation and room to run.
Catalysts to Watch
QQQ closed at a new 52-week high of $695.77, breaking out of the April–May consolidation zone (~$640–680) with MACD histogram expanding, a confirmed golden cross, and the QQQ/SPY ratio reaching its own 52-week high at 0.948.
Why It May Work
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Timeline
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