How Verified Investing’s view on $QQQ changed

Next up into the Q's. We see the Q's in the pre-market are also pushing up. Now on the QQQ, this is a NASDAQ 100. We did butt up against all-time highs. On the regular NASDAQ, we did make all-time highs.

So near-term on the Q's, this level is still resistance 748 and 65. Much like the S&P 500, if the Q's were to get up and touch this line or even better, put a daily close above that line, that would be near-term very bullish for tech and NASDAQ.

Speaking of tech, moving into the QQQ, which is the NASDAQ 100. Look at the monumental push here on this chart, too. Up 2.77%. Notice what it was able to do. It did extend further than the S&P 500.

But I remind you, look what happened to the S&P 500. It had to fight to get through this declining trend line throughout the day. The Q's did not. Instead, they gapped up on top of that trend line. and then like a springboard, like a diver on a springboard just bounced on it and went much higher on the charts.

Talking about all-time highs, very very close on the cues right at 74865. That's the near-term destination should we continue marching up as early as tomorrow to tag that to find some resistance.