US stock / ETF

Invesco QQQ Trust, Series 1

QQQ · NASDAQ · USD

4 hoursBearish90%
4h Downside probability 90%Bearish

QQQ 4H chart

EMA21EMA50Bollinger
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Market View

Market Shift

4h: EMA8/21/50 are in bearish alignment

Confirmation Trigger

Recover $714.44 and stabilize above resistance $746.05.

Invalidation Trigger

Break above $746.05 with RSI back above 50.

Market Context

Trend PhaseBearish
Weak Pullback

Price is below EMA21

4h
Momentum StateBearish
Momentum soft

RSI 36.8, MACD -0.439

4h
Volatility EnvironmentBullish
Low volatility

ATR is $6.76 (0.96%)

4h

EMA Structure

Bearish
EMA 8$708.03Bearish
EMA 21$714.44Bearish
EMA 50$724.08Bearish

Signals

CategoryReadStrength
Momentum
RSI 36.8 · MACD -0.439

Momentum is weak

Strength
Bearish
Volatility
ATR $6.76 · BB 4.17%

Low volatility

Strength
Bullish
Volume
MFI 49.7 · OBV -47.48%

Relative to 20-period average volume

Strength
Range
Price Levels
$701.33 - $746.05

Support/Resistance Distance

Strength
Bearish

Key Levels

Upper risk zone

+6.71% · 7.0 ATR above latest close

$752.81
Nearest resistance

+5.75% · 6.0 ATR above · 34-bar high

$746.05
Current price

Price shown is delayed

$705.5
Nearest support

-0.59% · 0.6 ATR below · 34-bar low

$701.33
Deeper support zone

-1.55% · 1.6 ATR below latest close

$694.57
ATR zone

Latest close ± ATR14

$698.74 - $712.26

Indicators

Trend

Dow Theory Structure

Confirmation $727.95, invalidation $701.33

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

6.9 / 18.6 / 20.4Bearish
Supertrend (10,3)

Price is above Supertrend

$684.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$715.11 / $730.67Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Volatility

ATR (14)

Low volatility

$6.76 (0.96%)Bullish
Bollinger Bands (20,2)

Width 4.17%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$727.96 / $700.01Bullish
ATR channel lower / upper

Current Volatility Envelope

$698.74 / $712.26Bullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$746.05Range
Support

Nearest Downside Decision Level

$701.33Range

Momentum

RSI (14)

Momentum is weak

36.8Bearish
MACD (12,26,9)

Histogram is negative

-0.439Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.7 / 18.3Bearish
Williams %R (14)

Oversold zone

-84.3Bullish
CCI (20)

Weak expansion

-108.4Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.7Range
OBV slope

20-period OBV slope

-47.48%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Trend

Dow Theory Structure

Confirmation $727.95, invalidation $701.33

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

6.9 / 18.6 / 20.4Bearish
Supertrend (10,3)

Price is above Supertrend

$684.07Bullish
Ichimoku Cloud

Cloud Span A / Span B

$715.11 / $730.67Bearish
Donchian Channel (20)

20-period breakout channel position

16%Bearish

Momentum

RSI (14)

Momentum is weak

36.8Bearish
MACD (12,26,9)

Histogram is negative

-0.439Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.7 / 18.3Bearish
Williams %R (14)

Oversold zone

-84.3Bullish
CCI (20)

Weak expansion

-108.4Bearish
TD Sequential

Setup is not extreme

sell 2Bearish

Volatility

ATR (14)

Low volatility

$6.76 (0.96%)Bullish
Bollinger Bands (20,2)

Width 4.17%

18%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$727.96 / $700.01Bullish
ATR channel lower / upper

Current Volatility Envelope

$698.74 / $712.26Bullish

Volume / Money Flow

MFI (14)

Money flow is neutral

49.7Range
OBV slope

20-period OBV slope

-47.48%Bearish
Volume ratio

Relative to 20-period average volume

0.38xBearish

Levels / Risk

Resistance

Nearest Upside Decision Level

$746.05Range
Support

Nearest Downside Decision Level

$701.33Range

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