QQQ Under Pressure: Tech Sell-Off News & Chart Analysis – November 11, 2025
Welcome to Explain The Charts for November 11, 2025. Today, we are witnessing a fascinating divergence in the market: while the Dow Jones hits new records, the tech-heavy Nasdaq is facing significant headwinds. Is this a healthy rotation or a warning sign for the broader market? Investors are grappling with concerns over high valuations in the technology sector, particularly within the AI space, leading to a palpable sense of uncertainty for the QQQ ETF. In this in-depth video, we’ll first break down the crucial news and current events driving this market action. We’ll discuss the disappointing guidance from key AI players like CoreWeave, SoftBank’s massive sale of its Nvidia stake, and even warnings from investors like Michael Burry about aggressive accounting practices. We will also touch upon the macroeconomic backdrop, including the ongoing government shutdown concerns and weakening labor market signals, to provide a complete picture of the forces at play. Following the news, we will conduct a thorough technical analysis of the QQQ charts across multiple timeframes. We’ll identify the critical support and resistance levels you need to be watching, analyze the recent price action in the context of the news, and explore both bullish and bearish scenarios for the short and long term. By the end of this video, you’ll have a clear understanding of the key price levels and catalysts to monitor when making your own trading decisions for QQQ.
The charts shown are provided by TradingView.
This video is for educational purposes only. It is not financial advice. Please do your own research before making any investment decisions.
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