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u/usually_guilty99
1 day ago
Discussion
Predicting Nasdaq-100 and QQQ
QQQ: actual trend and Oct-Dec 2026 scenario map
Trying to fine tune my algo to project QQQ for the remainder of the year. Certainly there are a 100s of things that go wrong but would like to put it here to see how this actually ages. I am tracking this on a weekly basis and will publish other numbers if requested. Please feel free to critique.
Actual weekly closes through 7 Oct. The three forward lines are conditional paths, not price targets.
|Test|QQQ|Rough NDX equivalent|Meaning|
|:-|:-|:-|:-|
|Continuation confirmation|Weekly hold above $763|Above 31,100|Highs are being accepted|
|Base-case support|$735|About 30,200|Pullback remains constructive|
|Bearish shift|$710 to $720 breaks|29,300 to 30,000|October advance likely failed|
|Upside zone into December|$800 to $830|32,800 to 34,100|Requires breadth to improve, not just megacaps|
My base case is not a straight rally: a push or retest around mid October, a vulnerable consolidation into early or mid November, then a renewed attempt higher into early December if $735 holds. The important point is that October 1 was not “the low” for Nasdaq in the way it was a possible Nifty swing low. Nasdaq is already elevated, so the question is whether it can hold the breakout rather than whether it can recover.