Nasdaq posted its best month in July since 2020. Better-than-expected earnings from the tech giants helped the $QQQ clear $300 for a rally up to $316. The market is currently overbought so a few inside sessions will create a better set-up for the next leg higher. In case $AMD delivers a strong report tomorrow, we expect the $QQQ to continue higher. If it manages to clear $317.5 we have a clear path to $330 for this month. For support, $312-314 is the first line in the sand between the active bulls and bears