Tuesday's market video covers QQQ, gold, Hyperliquid, and Bitcoin. QQQ keeps making all-time highs. Price has already broken above 747. If it breaks about 765 and holds, that range is gone and the move can push higher, even toward 800. The AI rally is still running after the 10-year yield jumped as high as 5.35 percent on Monday. SPY looks healthy and can lead the next leg in the Nasdaq.
Gold dipped and is holding the area around 4,130. A retest of 4,000 is still possible. ISM services is still above 50, so restaurants, hospitals, and the rest of those businesses are still expanding. The score cooled from 55.4 in August, and this is still expansion.
Hyperliquid released about 856 million tokens, which is why that chart dipped. On the one-hour chart the trend no longer looks clean. It can retest, range, or still turn into a blow-off top.
Bitcoin is pressing resistance around 86,600. The two sides to watch are 87,000 and 84,700. A daily close below this area is chop or a correction. A break of 87,000 keeps the move going. Williams spoke at 13:05 UTC. On Wednesday the calendar has the EIA crude oil inventories and the FOMC minutes at 18:00 UTC. The full list is on the economic calendar.
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