QQQ daily: 701 broke — lagging SPY still

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QQQ daily: 701 broke — lagging SPY stillInvesco QQQ Trust Series IBATS:QQQBOOM360TraderQQQ vs the Oct 6 peak and the 701 support we flagged. From the Oct 6 close (759.66) QQQ was already down hard into late October. Oct 23 low was 701.16. On Oct 30 QQQ closed 690.49 after a low of 683.45 (TradingView daily bars). That is a daily close under 701. If/then: - No longs while daily closes stay under 701. - 683.45 is the fresh reference low. A close under that continues the selling. - First repair sign would be a daily close back over 701, then 725. Context: SPY also broke its 759 floor (Oct 30 close 755.72). Weakness is still led by tech, but the broad index cracked too. Data from QQQ and SPY daily bars through Oct 30 2026. Chart analysis, not a trade recommendation. Not financial advice. Trading involves risk of loss. Chart markup: horizontal lines near 701.16 and 683.45.