Technical analysis by RonnieV29 about Symbol QQQX: Buy recommendation (17 hour ago)

QQQ continues to respect the 50 & 100 DMA, just like every selloff since July. Momentum indicators are exiting oversold territory, suggesting a familiar upside rotation. SPY confirms. IWM remains structurally bullish on the monthly (cup & handle). BTC shows classic oversold mean reversion behavior. Key risk: loss of 100 DMA. Bias: upside continuation while support holds.