Bearish outlook on QQQ
The Nasdaq tracking ETF QQQ closed slightly lower on September 25, 2026, after trading within a narrow range. From a technical perspective, the current price is trading significantly below its short term and long term exponential moving averages. This suggests downward pressure remains in the market despite a cooling in volatility.
The VIX index dropped from the previous day, indicating a slight decrease in immediate market fear. However, the technical setup for QQQ still favors caution as the price action struggles to recover toward key moving average levels.
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Source: OpenAI GPT-4
Ticker: QQQ
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