Tonc
2026.04.01 12:40

$Invesco QQQ Trust(QQQ.US)$Invesco Nasdaq 100 ETF(QQQM.US)yesterday felt more like a reflex bounce than a confirmed reversal. You had some relief from yields/oil stabilizing + short covering after a few red weeks, so price pushed up.

But structurally, still no higher high, and it hasn’t reclaimed key MAs yet. Volume also didn’t scream conviction.

So for now it looks like oversold bounce inside a weak trend, not a clean trend flip. Need follow-through, otherwise it fades again.

This is general information only and not financial advice.

@Bridge Buzz SG

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