QQQ Breaks Intermediate Support as SPY Tests Its 50-Day Line

A sharp divergence opened between major index proxies at Thursday's close, as tech-heavy QQQ dropped 1.42% beneath intermediate support while SPY held above its medium-term trendline. Traders watching these levels must now weigh technical compression against an active astrological timing window.

Index Technical Breakdown at Thursday's Close

At the close on October 29, the SPDR S&P 500 ETF Trust (SPY) slipped $2.95, or 0.38%, to finish at $769.36 on volume of 39.38 million shares. The ETF trades just 0.23% below its 20-session simple moving average of $771.16, yet remains 0.23% above its 50-session moving average of $767.63. With a 14-session relative strength index (RSI)—a momentum indicator measuring the speed of recent price changes—sitting at 51, SPY remains balanced midway between its 20-session high of $781.62 and low of $758.68.

The Invesco QQQ Trust (QQQ) showed considerably more weakness, dropping $10.27 to end Thursday at $715.34 on 36.94 million shares. That decline pushed QQQ 2.16% below its 20-session moving average of $731.14 and 1.39% below its 50-session average of $725.41. Its RSI cooled to 44, reflecting softening momentum within a 20-session range bound by $701.16 and $762.86.

Cycle Windows and Planetary Aspects

From an astrological perspective, two key calendar events arrive within the next week. On October 30, Mercury forms a 90-degree square aspect with Mars, followed by a harmonious 60-degree Venus-Jupiter sextile on November 4. Meanwhile, Mercury, Venus, Saturn, Uranus, and Neptune remain in retrograde motion, appearing to move backward against the background stars from Earth's vantage point.

Cycle researchers treat planetary aspects as an empirical timing hypothesis to test against price action rather than as a direct physical cause of market movements. When testing windows like the Mercury-Mars square, analysts look for whether turning points or volatility expansion coincide within one or two sessions of exact alignment. If an aspect aligns with tests of key trendlines, it provides a defined window to measure whether buyers defend structural support.

Levels to Watch

For SPY, the immediate technical test rests at the 50-session average of $767.63, with a break below opening risk toward the 20-session low at $758.68. For QQQ, reclaiming the 50-session average at $725.41 is required to neutralize Thursday's breakdown, while failure to rebound leaves the 20-session low of $701.16 exposed. For educational purposes only; not financial advice.

Market data: SPY and QQQ as of October 29, 2026, 4:00 p.m. ET. Moving averages and RSI are astrostock calculations from daily closes. Prices may be delayed.