November 7, 2025

By Nigam Arora

To gain an edge, this is what you need to know today.

Critical Support Zone

Please click here for a chart of Nasdaq 100 ETF (QQQ).

Note the following:

• The chart shows QQQ gapped down.
• The chart shows that subsequently a rally brought QQQ to the bottom of the gap.
• The chart shows that instead of another rally to close the gap, as has often been the case in this bull market, QQQ fell.
• The chart shows that QQQ is now in zone 1 (support).
• RSI on the chart shows that even though QQQ is not oversold, it is getting close to being oversold.