US stock / ETF

Invesco QQQ Trust, Series 1

QQQ · NASDAQ · USD

4 hoursBearish75%
4h Downside probability 75%Bearish

QQQ 4H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

4h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $724.76 and stabilize above resistance $745.32.

Invalidation Trigger

Break above $745.32 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 39.6, MACD -2.926

4h
Volatility EnvironmentBullish
Low volatility

ATR is $7.82 (1.1%)

4h

EMA Structure

Range
EMA 8$720.5Bearish
EMA 21$724.76Bearish
EMA 50$723.26Bearish

Signals

CategoryReadStrength
Momentum
RSI 39.6 · MACD -2.926

Momentum is weak

Strength
Bearish
Volatility
ATR $7.82 · BB 5.88%

Low volatility

Strength
Bullish
Volume
MFI 44.5 · OBV -21.21%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$686.43 - $745.32

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+5.88% · 5.3 ATR above latest close

$753.14
Nearest resistance

+4.78% · 4.3 ATR above · 34-bar high

$745.32
Current price

Price shown is delayed

$711.34
Nearest support

-3.5% · 3.2 ATR below · 34-bar low

$686.43
Deeper support zone

-4.6% · 4.2 ATR below latest close

$678.61
ATR zone

Latest close ± ATR14

$703.52 - $719.16

Indicators

Trend

Dow Theory Structure

Confirmation $745.32, invalidation $720.85

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

31.8 / 23.5 / 41.3Bearish
Supertrend (10,3)

Price is above Supertrend

$690.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$723.2 / $717.43Bearish
Donchian Channel (20)

20-period breakout channel position

11%Range

Volatility

ATR (14)

Low volatility

$7.82 (1.1%)Bullish
Bollinger Bands (20,2)

Width 5.88%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$739.05 / $710.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$703.52 / $719.16Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$745.32Range
Support

Nearest Downside Decision Level

$686.43Range

Momentum

RSI (14)

Momentum is weak

39.6Bearish
MACD (12,26,9)

Histogram is negative

-2.926Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.3 / 12.6Bearish
Williams %R (14)

Oversold zone

-88.7Bullish
CCI (20)

Weak expansion

-140.9Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.5Bearish
OBV slope

20-period OBV slope

-21.21%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Trend

Dow Theory Structure

Confirmation $745.32, invalidation $720.85

uptrend · HH/HLBullish
ADX / +DI / -DI (14)

Trend strength is active

31.8 / 23.5 / 41.3Bearish
Supertrend (10,3)

Price is above Supertrend

$690.64Bullish
Ichimoku Cloud

Cloud Span A / Span B

$723.2 / $717.43Bearish
Donchian Channel (20)

20-period breakout channel position

11%Range

Momentum

RSI (14)

Momentum is weak

39.6Bearish
MACD (12,26,9)

Histogram is negative

-2.926Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

11.3 / 12.6Bearish
Williams %R (14)

Oversold zone

-88.7Bullish
CCI (20)

Weak expansion

-140.9Bearish
TD Sequential

Setup is not extreme

buy 7Bullish

Volatility

ATR (14)

Low volatility

$7.82 (1.1%)Bullish
Bollinger Bands (20,2)

Width 5.88%

5%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$739.05 / $710.34Bullish
ATR channel lower / upper

Current Volatility Envelope

$703.52 / $719.16Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

44.5Bearish
OBV slope

20-period OBV slope

-21.21%Bearish
Volume ratio

Relative to 20-period average volume

0.83xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$745.32Range
Support

Nearest Downside Decision Level

$686.43Range

Related Forecasts