#NasdaqETFUpdate 📈

The ETF market focused on Nasdaq is showing interesting movements against the backdrop of the current macroeconomic agenda.

🔹 The largest Nasdaq ETFs (QQQ, QQQM, TQQQ) continue to demonstrate positive dynamics amid the growth of Big Tech.

🔹 Capital inflow indicators into Nasdaq ETFs have increased in recent weeks, indicating a recovery in confidence from institutional investors.

🔹 The main driver of growth is expectations of a Fed rate cut and optimism regarding the AI sector.

Technical picture:

• QQQ holds support around ~$440 and is testing the area around ~$455

• The Nasdaq 100 index is close to historical highs — be cautious about profit-taking in the coming days.

• Overbought levels on the RSI require caution in short-term speculation.

What to pay attention to:

✅ Inflation reports and Fed comments this week — could provoke volatility

✅ The dynamics of U.S. bond yields — a key factor for Big Tech and Nasdaq ETFs

✅ Ongoing capital flows from cyclical sectors into technology

For now, the sentiment towards Nasdaq remains cautiously bullish, but a correction is quite possible at the upcoming highs.