2nd day of $QQQ short term up-trend; channel break-out?


It looks to me like the DIA and SPY broke out of their channels on Thursday.   Is the QQQ next?

DIA02052014 SPY02052014

The QQQ is lagging–for now:


2 thoughts on “2nd day of $QQQ short term up-trend; channel break-out?”

  1. Given how the markets performed on Thursday, I was surprised to see the GMI drop from 5 to 4. What were the two negative GMI factors on Thursday?

    Thanks in advance for your comments.

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