Mike Larson | Editor-in-Chief

You’ve heard of a Rorschach test, right? The one where you’re shown a series of inkblot images – and your answers are used as a psychological analysis tool? Well today, it’s time for your TECH sector test!

Here’s my MoneyShow Chart of the Day — a nine-month chart of the Invesco QQQ Trust (QQQ). Do you think it’s bullish? Or bearish?

Invesco QQQ Trust (QQQ)

If you’re a bull, you’ll probably point to the recent 10-day winning streak and the fact the QQQs are back to roughly breakeven on the year. If you’re a bear, you’ll probably highlight how the QQQs have gone nowhere since November, and that we’ve been rallying on steadily falling volume.

I didn’t show the charts here. But bulls could also point to the fact the iShares Russell 2000 ETF (IWM) is near its old highs...while bears could say the Invesco S&P 500 Equal Weight ETF (RSP) and SPDR Dow Jones Industrial Average ETF (DIA) remain well below their pre-war peaks.

So, what do you see? Something to get excited about? Or a market that still hasn’t proved itself?

Make sure you can answer that question to your OWN satisfaction before committing more capital here. From where I sit though, it looks like the jury is still out.

Wagner: Why You Must Understand Trading Psychology to SUCCEED

At the 2026 MoneyShow Las Vegas, Daron Wagner shared why trading psychology must be the foundation of everything you do. Even the best strategy is worthless if fear or greed stops you from following it. The key to staying out of trouble? Trade what you see, not what you think. 

If you’re an active trader, you HAVE to join us for the 2026 MoneyShow Masters Symposium Dallas. From May 14-16 at the Hilton DFW Lakes Executive Conference Center, you’ll have access to sessions like...

👉 “The Psychology of Profit: Why Strategy Alone Isn’t Enough” delivered by Adrian and Julie Manz, co-founders of TraderInsight

👉 “Consistent Setups to Time the Strongest Market Themes” taught by TG Watkins, director of stocks at Simpler Trading

👉 “The Delta-Neutral Edge: Turning Volatility into Consistent Income” led by Nick Salvatore, professional options trader at SMB Capital

And so much more! Claim your event pass today by tapping this button…

🏙️📈 Get unique market insights and actionable recommendations for this “New World Order” – at the 2026 MoneyShow Masters Symposium Dallas! Click HERE for your pass to the May 14-16 event.