The Nasdaq-100 Index, represented by the Invesco QQQ Trust (ticker: $QQQ), has shown strong performance recently, closing green in seven of the last eight trading days. This upward trend is attributed to persistent strength in mega-cap technology stocks. Market analysts are closely watching the upcoming earnings reports from major tech companies, as over 30% of the Nasdaq-100 is expected to report earnings in the next seven trading days. There is speculation that these earnings could catalyze a significant market movement, potentially breaking a four-year trading channel. Notably, Tesla's earnings report is anticipated to have a considerable impact on the QQQ, with expectations that it will continue the index's streak of avoiding back-to-back red days for nearly two months.