QQQ is bullish if it closes above 708; otherwise, the outlook is uncertain.
BullishHe framed it in days
“NVDA Earnings Week LIVE with Pro Trader Derrick Oldensmith”
T3 LivePublished Aug 24 · 1 passage
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Um 708 in the QQQ, I think is is pretty important. We got smoked beneath that this morning, and now we've recaptured the level. So, I'm really curious to see if we can get back above 708 on a closing basis or not.
If we can, if we can close where we are or better, this daily channel candle will actually be pretty pretty bullish.
What this channel has said about $QQQ
T3 Live has 2 calls on this stock; only the adjacent ones are shown.
2026-09-18Bullish
The Q's. Look at the Q's. I posted the chart of the Q's yesterday. Some guy's like, "Ray dog, I don't understand your prices." I'm like, "Why don't you understand my prices?" I'm like, "What are you talking about?" He's like, "What's 717? What's 713?" I'm like, "Well, if you remember on Fed Day, we went below 702 and reclaimed it." I said yesterday in the 6:30 Club with all of you that tuned in that we need to get above 7-Eleven 713, which we did. Showed some commitment to it. Hit 717, which was this point of reference going across. That was one little target, one point of reference. Your next one is 724. So, where do I think we can go to today? You could probably go to 724.
Quote at 07:23 ›2026-08-24BullishThis one
Um 708 in the QQQ, I think is is pretty important. We got smoked beneath that this morning, and now we've recaptured the level. So, I'm really curious to see if we can get back above 708 on a closing basis or not. If we can, if we can close where we are or better, this daily channel candle will actually be pretty pretty bullish.