Market Technicals: QQQ Choppy, SPY Strong

QQQ trades in a 617-627 range with EMAs stacked bullishly (5:622.68 > 9:621.24 > 20:619.57 > 50:616.46), but price hasn't cleared the critical 625.52 breakout level. SPY shows stronger momentum, setting new record highs while EMAs remain in bullish alignment. VIX holds near 14.90, indicating low volatility. Market breadth remains positive with tech leading, though choppiness persists as prices test resistance levels. The lack of sustained breakout above key technical levels suggests continued consolidation before potential resolution.