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?
13th day of $QQQ short term down-trend; critical test coming
The Major indexes stopped just short of key resistance levels. Thursday they will either close above them or start to fall again in a meaningful decline.

