Nasdaq-100 1d base rate is ~55.6% (up-biased prior). But after a $3.5T four-day melt-up (+9.3%, best day since May 2025 on 8/4), QQQ was flat-to-negative early 8/5 (-0.05%) with AMD -8.5% dragging — I update down for a consolidation/pullback. Calling down.