$Invesco QQQ Trust(QQQ.US)$Invesco Nasdaq 100 ETF(QQQM.US)QQQ’s setup last week looked more like a post-rally retest than a real breakdown. The MUSE-driven optimism around AI applications seems to be spreading back into hardware, which is helping the broader tech complex regain momentum.
I’m starting to see this as a better environment for chasing strength rather than waiting for another deep pullback. If the rotation from AI applications into hardware continues, QQQ could have more room to run.
For now, the key is whether this retest turns into another leg higher or just another failed breakout.
@Captain's Treasure
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