The NASDAQ 100 ETF (QQQ) has reached a new all-time high (ATH) on June 5, 2024. This milestone comes after the ETF experienced fluctuations within its value areas over the past few days. Initially, the QQQ price bounced off the top of the day's value area before testing the bottom of the week's value area. However, it eventually broke through the resistance levels and achieved new highs, with the top of the 1-hour and daily value area lining up at approximately $459.8. The QQQ's new ATH reflects strong market performance and investor confidence.