Bullish Outlook With Strong Momentum

QQQ showed rising price action through the week with a clear uptrend supported by price above all key moving averages

EMA5 held steady at 726.74 while price climbed from 717 to 735 indicating strong buying interest

All EMAs aligned in ascending order with EMA20 at 706.66 acting as dynamic support

SPY followed a similar pattern closing above resistance levels with consistent strength in latesession gains

VIX declined for three consecutive days signaling fading fear and growing confidence among traders

These factors point to continued upward momentum in the near term

Disclaimer: Nothing you read on this site should be considered as financial advice. Do your own research and take responsibility for your own decisions.

Source: Qwen

Ticker: QQQ

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13. XLY (Discretionary) Score: 10, Strength:17
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15. USMV (LowVol-Large) Score: 9, Strength:20
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17. XLRE (Real Estate) Score: 9, Strength:16
18. MDYG (Growth-Mid) Score: 9, Strength:15
19. XLV (Health Care) Score: 9, Strength:12
20. HYG (Utilities) Score: 8, Strength:21
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