1. Key Metrics
| Instrument | Close | Change |
|---|---|---|
| QQQ | 704.47 | −2.86% |
| Nasdaq-100 | 28958.69 | −2.90% |
| SPY | 763.96 | −1.18% |
| S&P 500 | 7663.43 | −1.21% |
| RSP | 218.22 | +0.73% |
| QQEW | 155.02 | −2.12% |
2. Trend
QQQ: close 704.47. sma20 737.24. sma50 726.37. sma200 676.89. SPY: close 763.96. sma20 770.72. sma50 768.17. sma200 726.65.
3. Momentum & price volatility
RSI(14) QQQ 36.5, SPY 45.2. ATR(14) QQQ 11.79. RV10 22.85%, RV20 18.69%.
4. Breadth
NDX above the 50-day n/a (NDX/S&P breadth not computed in this run); above the 200-day n/a (NDX/S&P breadth not computed in this run). S&P 500 above the 20-day n/a (NDX/S&P breadth not computed in this run).
5. Concentration
Top-10 NDX percent changes: MSFT −2.23%, GOOGL −3.15%, GOOG −3.08%, AMZN −4.57%, META −6.98%, AAPL +1.23%, AVGO −4.31%, TSLA −3.08%, NVDA −4.40%, SPCX −9.14%.
What Would Change the Regime
- If the five-session slope of the QQQ 20-day average rises above −0.1% (now −0.79%) or QQQ closes above it (737.24), the short-term regime returns to Neutral under section 2.9.
- If the five-session slope of the QQQ 50-day average falls below −0.1% (now −0.07%) while QQQ stays below it (726.37), the medium-term regime turns Bearish.
- If QQQ closes below its 200-day average (676.89), the long-term regime turns Bearish.
Sources
- prices.NDX: Yahoo Finance chart API ^NDX daily close; session of 22 Oct 2026
- prices.QQEW: Yahoo Finance chart API QQEW daily close; session of 22 Oct 2026
- prices.QQQ: Yahoo Finance chart API QQQ daily close; session of 22 Oct 2026
- prices.RSP: Yahoo Finance chart API RSP daily close; session of 22 Oct 2026
- prices.SPX: Yahoo Finance chart API ^GSPC daily close; session of 22 Oct 2026
- prices.SPY: Yahoo Finance chart API SPY daily close; session of 22 Oct 2026