**Short Term Forecast (1 Week): Bullish** The Federal Reserve's 25 basis point cut has catalyzed a broad-based rally, pushing the Russell 2000 to all-time highs and clearing resistance in the S&P 500 Equal-weighted ETF (RSP). While the QQQ (closing recently at $627.61)

If rate drop assumption is correct.

Expecting a pullback unless new info enters market

Short term (1 week): Bullish. QQQ broke above the late-October downtrend and reclaimed the 616/619 area; breadth improved sharply (71% above 20-day MA, >54% above 50-day MA), and small caps/semiconductors led. SPY/QQQ are within 1% of highs with bullish MACD crosses and supportive

**Short‑Term (1 week)** – Bullish. * QQQ broke the late‑October downtrend and cleared the 616  resistance, closing at $619.25. * Breadth turned positive: ≈71 % of stocks are above their 20‑day MA and >54 % above the 50‑day MA, a four‑day “thrust” not seen since late‑August. * SPY

Short‑Term (1 week), Bullish with caution * QQQ has climbed from 585 → 614, breaking the late‑October downtrend and closing above the recent VWAP and point‑of‑control. * Breadth has turned positive: % of stocks above the 20‑day MA jumped to 71 % (from 61 % at the October peak). * Sector participation

Short-term (1 week): Bearish QQQ broke Tuesday’s lows and closed at 585.67, well below EMA20 and EMA50 (608.9, 606.6), with EMAs turning down—signaling momentum breakdown. VIX near 24.7 is elevated, implying volatility risk. Labor data is mixed: initial claims low (220k) but continuing