QQQ

QQQ is in a corrective consolidation, trading below its short-term EMAs at oversold levels. Intermediate bias remains bearish within the context of a longer-term uptrend, so selling into rallies near the 9- and 20-day EMAs on rejection is advised while avoiding action at current support.

• ↑$373M inflows on Aug 14 despite 1.7% share dip
• ↑44.6% owned by institutions; FORM Wealth upped QQQ 14.8%
• ↓Shares down 1.7% amid AI bubble concerns and rising yields