Can The Nasdaq Rally Be Trusted
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Massive Gap Higher on QQQ
The Nasdaq 100 (QQQ) had a huge rally, closing up 4% following the announcement of a 90-day tariff truce between the U.S. and China, reducing tariffs from 145% to 30% on Chinese goods, and from 125% to 10% on U.S. goods. The agreement has boosted investor confidence, particularly in tech stocks, leading to substantial gains in the Nasdaq 100 today.
In this video, I analyze the factors driving QQQ’s rally, provide my technical analysis, and discuss what this means for investors and traders moving forward.
Video Length: 00:06:11
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