$QQQ Daily Close — Sep 11Invesco QQQ Trust Series IBATS:QQQMTrades-TTSQQQ Daily Close — Sep 11 Gap up after CPI, then chop. QQQ closed 714.88, up 0.87%, back above both @ripster47 EMA clouds. The market held the 5-12 curl. No clear direction yet. The detail on the bar The whole gain was the gap. Opened 715.68, closed 714.88 — below its own open. Once the session started, price did nothing: a 4-point range, 44% of a normal day, the narrowest of this entire sequence. Volume 26.58M against a 30.89M average, 86% relative volume. An up bar, narrow range, low volume, closing at the bottom of its own range. That's no demand. Put the last two days side by side. Yesterday price broke both clouds on 31.33M — 102% relative volume, the first above-average day in a week. Today price reclaimed both clouds on 26.58M — below average. Sellers brought volume yesterday. Buyers didn't bring it back today. The reclaim came from a gap, not from demand showing up. Levels 717.63 is today's high, 713.63 the low. Above, 721.89 then the 724.20 Key Level. Below, 706.86 is the line, then 700. A close through 724.20 or 706.86 on volume above 31M gives something to trade. Anything in between is more of the same. No position here. Mid-range, flat clouds, no volume behind either side.