QQQ Forms Range Triangle

QQQ Forms Range Triangle

Market in Range Mode Low Trend Stregth - July 06, 2026

Market is in a range consolidation and has formed a "triangle" pattern. It will pop out at some point, up or down. The yellow is where ADX is below 25 which is NONTRENDING conditions. For now, the general rule is to wait for trend strength to show power and direction before putting too much money at risk.