QQQ ascending channel, breakout this week
QQQ is on a massive daily ascending channel that started in March. Ascending channels are typically bearish (on top of that, take a look at the RSI divergence), but we've seen that not materialize in SPY before.
Is tech going to continue to push higher, or is this the right take to take profits?
Is tech going to continue to push higher, or is this the right take to take profits?
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