
Market sentiment around the Invesco QQQ Trust (QQQ) has turned notably bullish, with several analysts expressing optimism about its performance. As of October 25, 2024, QQQ is approaching a new weekly closing high, needing to exceed 496.16 to confirm this trend. Analysts have highlighted key resistance levels, including an upper daily implied volatility band at 499.29 and a significant psychological barrier at the 500 mark. The Nasdaq-100 Index (NDX) is also receiving positive sentiment, indicating a broader bullish outlook in tech stocks. Overall, the market appears poised for potential gains as traders watch these critical levels closely.

