The Nasdaq-100 Index, represented by the Invesco QQQ Trust (QQQ), is currently experiencing notable trading activity. As of January 6, 2025, QQQ was priced at $524 in pre-market trading. Analysts have indicated that QQQ is at a support test, but there are concerns about a potential breakdown, as highlighted in recent updates. The trading sentiment appears mixed, with some traders expressing confidence in locking in profits, while others are cautious about the index's performance.