QQQ trend remains downward and decoupled from S&P 500; funds continue to weaken.
Bearish
“Don't Trade September Until You See THESE Charts 📉🔥”
InvestAnswersPublished Sep 2 · 1 passage
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QQQ funds tend to continue to weaken. I said last week that the trend was still downward and decoupled from the S&P 500, and that has proven to be true. We are still heading downwards, but very steadily.
What this channel has said about $QQQ
InvestAnswers has 2 calls on this stock; only the adjacent ones are shown.
2026-09-30Bullish
The Nasdaq index (QUOS) has reached another new historic high. Last week I said that the buy signal and trend were very strong. It looked like it was going to reach another new historical peak, driven by artificial intelligence, and it did . We achieved a new historic peak four or five days ago. So that's it . The QQQ fund is currently hitting this level here. The trend is still upward, and the big move in the Nasdaq will be driven by Micron's earnings tonight after the close.
Quote at 04:14 ›Direction flip
2026-09-02BearishThis one
QQQ funds tend to continue to weaken. I said last week that the trend was still downward and decoupled from the S&P 500, and that has proven to be true. We are still heading downwards, but very steadily.