Thu. Apr 24th, 2025

QQQ has been on a rampage since those early 2009 lows. Check the monthly candle 10 year chart. A small 4 month consolidation pattern is being resolved.

qqq_m

For a small pattern, we need to zoom in on the weekly candle chart (5 years) to get some more detail.

qqq_w

Here is the price action on the daily candle 1 year chart. The arrow is the implied measured move added to the breakout line.

qqq_d

Need to wait for the monthly candle close above the breakout line at the 106 mark. IF it does close above, the target is 113.