QQQ Daily update "Double" negative RSI divergence as less and less stocks participate in this terminal move. Since we did not get that healthy pullback this summer, this has been turned into a monster bubble of a much much much higher degree. I do think April 2025 lows can be challenged. I never would have said that earlier this summer if we had simply made a normal and to be expected pullback. Nothing is normal about this market right now.

Published Oct 06, 2025Updated Oct 06, 20252 min read

QQQ Daily update "Double" negative RSI divergence as less and less stocks participate in this terminal move. Since we *did not* get that healthy pullback this summer, this has been turned into a monster bubble of a much much much higher degree. I do think April 2025 lows can be challenged. I never would have said that earlier this summer if we had simply made a normal and to be expected pullback. Nothing is normal about this market right now.