The $Invesco QQQ(QQQ)$ weekly chart looks interesting. It has been building a 3-month base, with a shakeout inside that base, and price is getting tight on the right side. The 10/20-week MAs are pinching now.
$Horizon Quantum Holdings LTD(HQ)$ $Invesco QQQ(QQQ)$ $SPDR S&P 500 ETF Trust(SPY)$ Some context for the market weakness: this isn't just about stocks. Treasury supply and auctions, Japan/BOJ policy, the yen carry trade, and U.S. yields are all interconnected. Higher yields mean pressure on growth and tech valuations. Add NVDA earnings and Jackson Hole into the mix, and there's plenty of reason for risk to come off ahead of two major catalysts. Watching the 10Y/30Y, NVDA guidance, and Warsh's comments.