The QQQ appears to be holding its up-trend, but notice all of the red down volume spikes recently in its daily chart, suggesting distribution by the funds.
26th day of $QQQ short term up-trend; $PNFP green line break-out
Short and longer term trends remain up. PNFP had a green line break-out to an all-time high on Tuesday. Its IBD comp rating: 83.
25th day of $QQQ short term up-trend; recent green line break-outs $PANW and $INVN climb
The QQQ backed away from the cliff on Monday and its short term up-trend continues. PANW, which broke above its green line (all-time high) again last week, continued to rise.
As did INVN:
And SHEN:
