QQQ: The price is overheated
$Invesco QQQ(QQQ)$ : The price is overheated, all MACD, RSI, Stochastic and the oscillator you choose is overbought, but it's July; this type of overextensions occurred in both 2023 and 2024, before the technicals were reset in August.
My expectation for a pullback starting July was to the volume shelf "B", today there is a new one formed during the last weeks.
The pullback will come, there is no doubt, the question is which shelf will provide support? - The Specific price levels to watch were posted yesterday (link in my profile).
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