Tonc
2026.03.23 11:55

$Invesco QQQ Trust(QQQ.US)$Invesco Nasdaq 100 ETF(QQQM.US)last week was basically choppy downside → attempted stabilization. You had macro pressure (oil + yields + geopolitics), so QQQ kept making lower highs, but toward the end buyers started stepping in near support — looks more like range building than clean breakdown.

Now with Trump “TACO” again, that’s a short-term risk-on catalyst. Relief = yields/oil cool → tech bounce.

But bigger picture: still headline-driven market. Unless macro fully eases, this is likely tradable bounce, not new uptrend.

@Bridge Buzz SG

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