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.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

19 Likes

Reward
19
5
Repost
Share

Comment

0/400

SignatureCollector

· 01-07 20:02

626 is still 580, just going back and forth like this, so annoying.

View OriginalReply0

StakeTillRetire

· 01-07 13:47

This hurdle of 626 is real; if you can't break through it, don't expect a new high.

View OriginalReply0

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.

View OriginalReply0

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.

View OriginalReply0

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.

View OriginalReply0