Will QQQ close higher after one day?

Bull 5 vs bear 5. On the bull side, Nasdaq-100 futures are up ~0.2% and the index is short-term oversold after its worst week since June (~-6% in 2 weeks), with a 54% base rate. On the bear side, Meta's $40B equity raise renewed AI-capex ROI doubts, yields are near 5% and FOMC is ahead. In reflection, the bear narrative is widely known and partly priced in, so with evidence balanced the base rate is the tiebreaker; I called up with low conviction.