QQQ / NDX Weekly Outlook – Week 24 of 2026 (15-18 JUN)Invesco QQQ Trust Series IBATS:QQQUA_CAPITALIMPORTANT NOTICE: MY PREVIOUS SPY AND QQQ ANALYSIS HISTORY HAS BEEN REMOVED DUE TO A HOUSE RULES VIOLATION ON TRADINGVIEW. APPROXIMATELY 150 POSTS, INCLUDING ALL CONTENT PUBLISHED SINCE SEPTEMBER 2025, HAVE BEEN HIDDEN AND ARE NO LONGER VISIBLE ON MY PROFILE. THIS INCLUDES MY WEEKLY SPY AND QQQ OUTLOOKS AND MID WEEK UPDATES CONSISTENTLY PUBLISHED THROUGHOUT 2026. I AM NOT A NEW PROFILE OR NEW TO THIS ANALYSIS WORK. I HAVE BEEN CONSISTENTLY PUBLISHING STRUCTURED SPY AND QQQ MARKET RESEARCH, INCLUDING WEEKLY FORECASTS AND MID WEEK CALIBRATION UPDATES, WITH THE CORE OBJECTIVE OF SHARING MACRO DRIVEN MARKET INSIGHTS AND SUPPORTING MY SUBSTACK RESEARCH PLATFORM. ALL FUTURE POSTS WILL REBUILD AND RESTORE THIS TRACK RECORD THROUGH DAILY SPY AND QQQ MARKET ANALYSIS CONTENT. QQQ/NDX Weekly Outlook Last Week's Recap We found a strong bounce from Key Level 1 at 696.5 on Tuesday exactly as expected. However, with the CPI report scheduled for Wednesday, patience was required and no position was taken immediately. On Wednesday, the cooler than expected CPI report removed the primary macro concern. Following the original Long Scenario 1 plan, we entered long positions at the market open. Shortly afterward, renewed US-Iran conflict headlines and aggressive rhetoric from President Trump triggered a sharp market selloff. Despite the volatility, price never invalidated the setup because the daily candle never closed below the lower boundary of Key Level 1. As a result, the trade remained active. On Thursday, ceasefire headlines began circulating and the market started to deliver the exact reaction we had been expecting. Together with the group, we took partial profits at our predefined targets: 706 → 715 → 723 The trade was executed exactly according to plan. 1 trade taken. 1 trade closed green. UA CAPITAL Market Recap Markets have now completed Week 23, and for us it was another green week. We are now sitting at 10 consecutive green weeks. Since the beginning of the year, we have not had a single red week. Aside from a few breakeven weeks, every week has finished positive. Following the heavy selloff caused by the PPI report during the previous week, I explained in this week's Weekly Market Outlook that markets were now waiting for Wednesday's CPI report. The plan was simple. If CPI contradicted the inflation concerns created by PPI and came in cooler than expected, while geopolitical tensions remained stable, markets could experience a strong relief rally. Early in the week, however, renewed military escalation between the US and Iran created significant uncertainty. US airstrikes against Iranian targets triggered another wave of selling pressure. Price moved directly into the levels identified in the Weekly Market Outlook. SPY tested 732.5 while QQQ tested 696.5. At that point, markets had reached levels where a bullish technical structure could begin forming. The only missing ingredient was a catalyst and CPI had the potential to become that catalyst. On Wednesday, CPI came in lower than expected and markets initially reacted positively during premarket trading. The original plan already contained a clean invalidation framework using daily closes below key levels. On Thursday, markets reacted strongly after reports suggested that peace negotiations were moving forward again. Friday delivered an even stronger continuation move and re established the bullish structure I had originally expected. In reality, the entire weekly thesis played out exactly as anticipated: Technical demand zone + cooler CPI data + geopolitical de-escalation = strong swing rally. Once Thursday's reaction confirmed the scenario, I informed premium members that markets could potentially begin exploring new all time highs over the next one to two weeks, assuming geopolitical risks remain contained. Together with the group, we initiated multiple swing long positions across SPY, QQQ, and several individual names including ARM, AMD, SNDK, MU, and MRVL. The swing call positions established in ARM, SNDK, and AMD generated substantial gains by Friday. This Week's Scenarios / Prediction Risk Index The Risk Index has shifted back into risk on mode following the strong call flow triggered by peace related headlines. This oscillator reads macro conditions and converts them into a technical risk framework. It was developed internally at UA CAPITAL and remains the primary indicator I use for both short term and long term positioning decisions. The Risk Index currently signals the potential for bullish continuation. If geopolitical headlines remain stable and no new negative catalysts emerge, the model suggests that new all time highs remain achievable. For that reason, we will continue focusing exclusively on swing long opportunities from predefined key levels. Long Scenarios We currently have two primary bounce zones. Long Scenario 1 KEY Level 1 (731): This is the first major support zone where I expect a reaction. If price reaches this area and confirms a bounce, call options can be used to establish long exposure. Targets: 735.5 → 744 → 748.5 → 750 Runner can be held. Long Scenario 2 KEY Level 2 (713): This is the second major demand zone. If price reaches this level and confirms support, call options can be used to establish long exposure. Targets: 721 → 730 → 735.5 → 744 → 748.5 → 750 Premium Tip Price may temporarily break below these bounce zones, creating the appearance of a failed setup before reclaiming the level and moving higher. Because of this, entries can be considered after an hourly bullish candle close above the zone. Position Management Rules 1. Entry model: One hourly bullish candle close above the level. 2. Take profits in stages because market reversals can happen quickly. 3. After the first profit target is reached, move all remaining stop losses to breakeven and convert the position into a risk-free trade. 4. A reaction from the level must be confirmed. We do not predict price. We react to price. 5. Daily candle close below the bounce zone = stop loss. This analysis is for educational purposes only and reflects my personal opinion. It is not financial advice.