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| It was a positive week for the QQQQ. The QQQQ raised 0.02% 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:
Our long-term perspective has not changed. The QQQQ has turned down from the long-term rising channel resistance. Weekly technical indicators are neutral. Long-term uptrend looks complete or near completion, and a long-term trend reversal is in progress. |
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| QQQQ - Long-Term Trend |  |
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QQQQ Short-term perspective:
The QQQQ has spent several weeks around the support line. The Lane's Stochastic (%D-Slow) is in overbought area. It makes the support line much weaker and lower the chances for a strong upturn. We don't expect big changes on New Year Eve, but in the next several weeks market might be ready to make a decision and either break the support line or move up toward the weekly trend resistance around 56. |
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| QQQQ - Medium-Term Trend |  |
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