$QQQ making another attempt to break out of channel

GMI6/6
GMI-28/8
T210864%

This daily chart of the QQQ shows it is heading back up to resistance. Note the daily 15.2 Bollinger bands are heading towards each other and forming a pinch. The QQQ will likely break big, in either direction. The recent green dot signal is a possible sign it will move up. Friday was the 18 day of the current QQQ short term up-trend.

The GMI remains Green and registers 6 (of 6).

 

 

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