Technical analysis by pakoumal about Symbol QQQX on 9/6/2025

Macro supports the bullish continuation case ($600–$630), unless $568 breaks & macro data worsens Fed pivoting dovish, disinflation holding, AI-driven earnings resilience & strong liquidity High valuations, crowded positioning & possible macro shocks (yields spiking, geopolitics) The $568 neckline & $583 breakout line up with the macro inflection Fed easing cycle starting is bullish fuel if neckline holds Any surprise inflation/yield spike results in a neckline break, correction to $550 Next 2–3 Weeks 1.Bullish Breakout $583 to $600–$616 (50%) Supported by Fed pivot + earnings resilience 2. Bearish Breakdown $568 to $550–$537 (35%) Triggered by yields/inflation surprise or positioning unwind 3. Chop/Range ($568–$583) (15%) Market waiting on Fed September decision Macro + techs both say trend up until proven otherwise $568 = line in the sand, if it breaks, macro headwinds (yields, inflation) must be the culprit $583 breakout would be macro + technical alignment = high conviction run to $600+