$QQQ and $SPY U.S. index fundamentals continue to improve; Q

• QQQ and SPY fundamentals are improving • QQQ positioning is bullish while SPY is shifting bullish • Momentum recovering with surge in short positions QQQ and SPY fundamentals continue improving. QQQ positioning turned bullish while SPY prepares to shift bullish as whales favor long positions. Momentum is recovering with a surge in short positions evident in the liquidation map, indicating short-term traders remain inclined to short.