2025-06-12 what is QQQ saying?

Can PPI goose themselves out of bullish territory? Also, bullish is a relative term.

Author

n qracky
June 12, 2025 • Estimated Reading Time: 2 minutes

🌟 Welcome!

🔢 The Numbers: $MNQ_F ( 0.0% )  

Above

21893.5 needed. opens door to 21972.5 but they‘ll need to break through 21907.5 and 21915.5 first. then they can try to reclaim 21979, 22018.25.

Below

losing 21761.75 is opening the door to the overnight low which is close to the “real” number, 21711.5. she doesn’t really want to lose this as there’s a long way to fall to 21412.25.

📸 The Big Picture

Still bullish, poised for a rally upwards. However, if she loses this area, she may fall hard, just be aware.

Oh, and $QQQ ( ▼ 0.32% ) ?

She’s at the edge of yesterday’s value area low on close, but below it now…may need to stay there until open to fill the gap. So far looking like a bullish day with possible continuation to 527, at least.

📰 News

PMI in ten minutes (8:30am EST)…so far no one is playing with the tape in advance…will it be a nothingburger today, or will we see drama on the downside? She has a bit to recover this morning, so i’m certain bulls hope that the tape gooses her back in the upper area, and may play defense, to keep this creeping channel upwards towards former All Time Highs, grinding. My chart, if you want to dive in deeper…

Here’s to patience, learning, and profits!