1. Key Metrics
| Instrument | Close | Change |
|---|---|---|
| QQQ | 704.40 | −0.01% |
| Nasdaq-100 | 28957.53 | 0.00% |
| SPY | 759.97 | −0.52% |
| S&P 500 | 7623.68 | −0.52% |
| RSP | 216.54 | −0.77% |
| QQEW | 154.76 | −0.17% |
2. Trend
QQQ: close 704.40. sma20 735.24. sma50 725.81. sma200 677.30. SPY: close 759.97. sma20 770.15. sma50 767.81. sma200 727.01.
3. Momentum & price volatility
RSI(14) QQQ 36.5, SPY 42.1. ATR(14) QQQ 11.53. RV10 22.31%, RV20 18.53%.
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 +0.66%, GOOGL −1.24%, GOOG −1.08%, AMZN −0.95%, META −0.96%, AAPL −0.14%, AVGO −0.48%, TSLA −0.63%, NVDA −0.59%, SPCX +1.89%.
What Would Change the Regime
- If the five-session slope of the QQQ 20-day average rises above −0.1% (now −0.98%) or QQQ closes above it (735.24), the short-term regime returns to Neutral under section 2.9.
- If QQQ closes above its 50-day average (725.81), the medium-term regime returns to Neutral (it turned Bearish on 23 October as the 50-day slope fell to −0.13%).
- If QQQ closes below its 200-day average (677.30), the long-term regime turns Bearish.
Sources
- prices.NDX: Yahoo Finance chart API ^NDX daily close; session of 23 Oct 2026
- prices.QQEW: Yahoo Finance chart API QQEW daily close; session of 23 Oct 2026
- prices.QQQ: Yahoo Finance chart API QQQ daily close; session of 23 Oct 2026
- prices.RSP: Yahoo Finance chart API RSP daily close; session of 23 Oct 2026
- prices.SPX: Yahoo Finance chart API ^GSPC daily close; session of 23 Oct 2026
- prices.SPY: Yahoo Finance chart API SPY daily close; session of 23 Oct 2026