1. Key Metrics
| Instrument | Close | Change |
|---|---|---|
| QQQ | 685.28 | +0.62% |
| Nasdaq-100 | 28180.26 | +0.68% |
| SPY | 754.35 | +0.30% |
| S&P 500 | 7568.92 | +0.36% |
| RSP | 219.26 | −0.33% |
| QQEW | 150.71 | +0.56% |
2. Trend
QQQ: close 685.28. sma20 720.71. sma50 723.93. sma200 680.14. SPY: close 754.35. sma20 768.09. sma50 767.04. sma200 729.47.
3. Momentum & price volatility
RSI(14) QQQ 34.6, SPY 40.2. ATR(14) QQQ 12.77. RV10 27.67%, RV20 22.66%.
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 +2.74%, GOOGL +0.37%, GOOG +0.08%, AMZN +2.06%, META +2.36%, AAPL −1.90%, AVGO +3.07%, TSLA −1.32%, NVDA +2.29%, SPCX +3.62%.
What Would Change the Regime
- If the five-session slope of the QQQ 20-day average rises above −0.1% (now −1.70%) or QQQ closes above it (720.71), the short-term regime returns to Neutral under section 2.9.
- If QQQ closes above its 50-day average (723.93) or the 50-day slope rises above −0.1% (now −0.18%), the medium-term regime returns to Neutral.
- If QQQ closes below its 200-day average (680.14; it closed 0.76% above), the long-term regime turns Bearish.