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Market video / July 29, 2026

QQQ Short Squeeze: The 688 Level Bulls Must Hold

Public market preparation from Hollow Point Trading: context, levels and risk-first execution education.

HOLLOW POINT TRADING MARKET BRIEF

What this market video covers

The Nasdaq and QQQ triggered a short squeeze as memory-chip and semiconductor stocks led a sharp rebound. In this breakdown, we use price action—not headlines—to map the bullish engulfing signal, the 55 EMA, and the levels that determine whether the rally has real follow-through. Key levels and catalysts: • QQQ 688 is the must-hold support area for…

Use this analysis as general education. Confirm current prices and conditions independently, define invalidation before entry, and size every position for the loss you can actually tolerate.