CaptainLogik

QQQ/Tech is deciding between two channels.

NASDAQ:QQQ   Invesco QQQ Trust, Series 1
Will we fall back into the red channel or will we use this more vertical channel to go on yet another long journey? We came back and retested the red channel top, but we took so long to do so, the plunge to attack it was harsher than needed. Now that we're back out of it, it remains unclear if we will get away from it. So far, Volume profile suggests we must at minimum retest the point of control higher up.

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