$Invesco QQQ Trust(QQQ.US)$Invesco Nasdaq 100 ETF(QQQM.US)QQQ has entered consolidation after a strong short squeeze last week. Interestingly, VIXEQ suggests that market breadth is actually improving, with participation gradually expanding beyond the previous leaders.
However, the experience across sectors remains very different. Some areas are still attracting strong flows, while others barely respond to the broader rebound. That makes the index look healthier than the average stock actually feels.
For now, I’d view this as a rotation and digestion phase rather than a clear new trend. The key is whether breadth continues to expand and eventually reaches the lagging sectors.
@Captain's Treasure
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