AI QQQM Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: The QQQM shows moderate to high institutional interest, with positive sentiment around tech advancements, potentially driving the price up to $220. The historical return surfaces support strong future profit potential.




Bearish Case: However, ongoing elevated volatility indicates volatility spikes could drive a correction, with price possibly retreating to $190 in turbulent market conditions. Recent price action remains flat, suggesting uncertainty.




Potential Outcomes:

1. 30% chance of gradual price increase to $220 driven by tech momentum.

2. 40% chance of volatility-induced correction back to $190.

3. 20% chance of significant uptrend due to tech innovation, with a forecast price above $230.

4. 10% chance of major downturn under poor economic news, possibly dropping below $180.




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October 20, 2024


Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 Forecast

QQQM        Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100
















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