2026-01-04 21:31:17

The QQQ weekly chart still shows a bullish trend, but to achieve a new high in Q1, the weekly close needs to firmly stay above the annual pivot level of 626. This level is crucial—breaking through it could lead to a new ATH; conversely, if it fails. Conversely, if the weekly close drops below the 20-week moving average, it would be dangerous, risking a retest of the early-year low of 580, and possibly breaking below. Currently, it is oscillating between these two lines, and next week's closing position will largely determine the subsequent direction.

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LadderToolGuy

· 01-04 21:49

This critical level at 626 can't be broken, it feels like it's going to fail. If it falls below the 20-week moving average, it's game over.

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SocialAnxietyStaker

· 01-04 21:39

Position 626 is really the life-and-death line. If we can break through it, there's still hope. If it drops further, it feels like we're going to repeat last year's drama again.

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MEV_Whisperer

· 01-04 21:34

This hurdle of 626 is really hard to say; it feels like it will take multiple tests to break through.

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