| It was a positive week for the QQQQ. The QQQQ raised 1.99% for the week. |
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| Oscillators | Trend Analysis | | Symbol | Daily | Weekly | Daily | Weekly | Mtly | Qtly | Yrly | | QQQQ |  |  |  |  | |  |  | |
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QQQQ Long-term perspective:
The QQQQ has turned down from the long term rising channel resistance. Weekly William's Percentage Range (W%R) is overvalued. Long-term uptrend looks complete or near completion, and long-term trend reversal is in progress. |
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| QQQQ - Long-Term Trend |  |
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QQQQ Short-term perspective:
The broad market rallied from the weekly rising channel support line. The rally retracement (60.6%) is close to the Fibonacci 61.8% that is considered as a good buying opportunity. The QQQQ daily William's Percentage Range (W%R) is strongly overvalued. The short-term rally might be near the turning point; the price may retest the support level around 50. |
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| QQQQ - Medium-Term Trend |  |
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