SQ should stall near green line (former peak) as it tries to get through resistance. If it does eventually burst through on above average daily volume, I would consider buying, but sell f it closes back below green line.
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Blog post: 44th day of $QQQ short term up-trend; Hourly chart shows high volume rise in $GLD at end of day Wednesday
It pays to monitor hourly charts near end of day. Note many bounces off of lower 2.15 Bollinger band.
