How Benzinga’s view on $QQQ changed

while the QQQ advanced 0.12% to $73,744.

I brought up the daily chart of the cues uh which is obviously the tracking ETF for the NASDAQ 100. People think this is actually the NASDAQ. This is actually only the top 100 companies in the NASDAQ but they're the largest and they make up the like 95% of the NASDAQ uh market cap.

Ed, that's probably a really good idea. I did not do that in my initial breakdown here today. Let's do that now. The Q's has been somewhat similar uh to the to the SPY except it's still been beneath the trend line that connects the all-time highs.

It really has not shown strength, whereas SPY in some cases has. Now today however you can see we're currently sitting here at 703. This gap down takes us through the 20 50 and 100.

It also takes us to the low from August 24th. We have a gap that fills down here which we have not filled top of this candle here 70159. I actually think we've got a gap down going here until about 7.

What was that value I just read you a second ago and could not remember. Good lord. 70159. So, I actually think that might be a support if we end up filling this gap here.