Market Update

• Broke $630 resistance level on Jan 27, closing at $631.06
• Current price above all EMAs: EMA5 ($624.82), EMA9 ($622.99), EMA20 ($621.50), EMA50 ($618.80)
• VIX remains low at 15.64-16.15, indicating stable market sentiment
• Breakout from symmetrical triangle pattern, per journal entries, with targets $650-$655
• Consumer Staples outperformance noted as potential caution signal
• SOURCE: AI*
• TICKER: QQQ*

QQQ shows strong upward momentum with closes rising from $616.28 (Jan 21) to $631.06 (Jan 27). Key technical notes: