Sell QQQ by Jul 20, 2026.

From a technical perspective, after a significant rise, QQQ has gradually formed a rising/wedge consolidation pattern at its high level. The bulls and bears are entering a crucial phase of competition, and the market is about to face a directional choice. Currently, the index is approaching the upper resistance of the wedge, but overall trading volume is shrinking, reflecting a weakening upward momentum. If the index continues to be resisted by the upper resistance next week and falls back again, …