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QQQ regained its upward sloping channel.

JNJ had a green line break-out to an all-time high (GLB) on Tuesday. Here is its weekly chart.

But GMI-2 is at 3 (of 8) showing short term weakness. The QQQ has closed below its channel. (see yesterday’s  post)

The daily Guppy chart of SPY remains in a strong RWB up-trend.