14th day of the $QQQ short term down-trend–new up-trend possible on Friday

GMI4/6
GMI-27/8
T210851%

IBD says market up-trend has resumed.   A strong day on Friday could result in a new QQQ short term up-trend and a Buy signal from the GMI. The QQQ still has not broken out of its descending channel, shown by the magenta lines below. Will it happen on Friday?

QQQ01222015

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