ContraryTrader

Nasdaq/QQQ in a tight Squeeze

TVC:IXIC   US Composite Index
Rallied Thursday and Friday, now its 100-110 away from channel top. If it breaks that would be a bull flag and I'll update. If it gets rejected we'll be making a return trip back to 12800's channel bottom or 100ma.
RSI is coming up on it's down trendline resistance too.

We'll need alot of volume to break through
Blue line is 20ma which lines up with channel top

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