2025-12-21 19:22:29

QQQ recently tested support near its 20-week moving average at intra-week lows—a critical juncture for the broader rally narrative. For sustained upside momentum heading into January, the index needs to close above the yearly R2 pivot point of 626 on a weekly basis. While it did break above this level back in October, that proved temporary before the pullback into the November intermediate-term low. So the question isn't whether QQQ can touch 626—it's whether it can hold above it convincingly this time around. That weekly close would signal real conviction in the bounce.

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SchroedingerMiner

· 2025-12-24 19:12

Is this level at 626 really like a level in a game, always getting stuck? Can we tough it out this time? --- That fake move in October, now it's happening again? Feeling a bit tired. --- The weekly chart needs to close above 626 to count; no need for more words, just watch the action. --- I like this kind of statement: "The question is not whether it can reach," it's really accurate, but does the market listen to it, 🤔? --- Another critical moment, how many times have we heard this phrase this month, huh? --- Honestly, it all depends on the weekly close; everything else is just storytelling.

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ThreeHornBlasts

· 2025-12-21 19:52

If 626 doesn't hold above this critical level, there's no hope. The last time in October was just a feint that is still fresh in memory. --- It's the same old trick with 626. Last time it broke through was also a quick in and out. Can it hold this time? A big question mark. --- The key still lies in how the weekly close plays out, otherwise it's all just empty. --- The 20-week moving average is really a bottleneck, it feels like a repeated range-bound situation. --- Only when 626 holds above can we talk about a reliable rebound; it's too early to say anything now.

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