NASDAQ 100
$QQQCatch-Up
NASDAQ 100 views remain constructive on the AI-led trend, with Shapiro favoring Nasdaq exposure and Shannon looking for a pullback into the rising 20-day average before another advance. Reznicek flags a near-term retracement after the rally into downtrend resistance, though a move above 30,804 would reopen the path to the all-time high.
Peter Reznicek 
Jason Shapiro 
Brian Shannon A daily catch-up of talking heads, in fifteen minutes.
Analyst Views on NASDAQ 100
Nasdaq is preferred long exposure versus a Dow short because speculators remain short and shorting the index amid the AI advance is considered a mistake.
$QQQ could set up for its next leg higher after a pullback toward 705, where the rising 20-day moving average would be tested.
Nasdaq Composite still appears to be completing a successful bullish breakout and retest, with the case strengthening the longer price remains above weekly cloud resistance.
NDX may see a modest pullback after rallying into its downtrend, although clearing 30,804 would target the all-time high.
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Direction By Day
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| Brian Shannon | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ |
| Chris Ciovacco | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · |
| Jason Shapiro | · | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ |
| Peter Reznicek | · | · | · | · | · | · | · | · | · | · | · | · | · | ▼ |
Sentiment Heatmap
| 01 AUG | 02 AUG | 03 AUG | 04 AUG | 05 AUG | 06 AUG | 07 AUG | 08 AUG | 09 AUG | 10 AUG | 11 AUG | 12 AUG | 13 AUG | 14 AUG | |
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| Brian Shannon | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ | ▲ |
| Chris Ciovacco | · | · | · | · | · | · | · | ▲ | ▲ | ▲ | ▲ | ▲ | · | · |
| Jason Shapiro | · | · | · | · | · | · | · | · | · | · | · | · | ▲ | ▲ |
| Peter Reznicek | · | · | · | · | · | · | · | · | · | · | · | · | · | ▼ |