QQQ & SPY Jan 2026
QQQ is trading above its long‑term EMAs (EMA20 ≈ 620.99, EMA50 ≈ 617.93) but has slipped back toward the tight cluster of EMA5 ≈ 622.24 and EMA9 ≈ 622.14, suggesting a short‑term consolidation after a recent high near 630. The close on Jan 14 at 619.55 fell