You can say what you want. Funamentalists out there seem to think they have the upper hand and the charts are for low grades but look how beautiful the charts have worked on QQQ. Also look how beautiful the support zones on trendlines are aligning with the 50 dma and 200 dma. First target 270. And if we do break into the channel again, a 200 dma touch to recheck the bottom of the channel won't be out the the realms. Be very careful out there. A lot of people are losing big time with previous high flyers. Right now a lot of them will be thinking do I sell and protect some of those gains? or do I hold on? That will create a trickling effect on the downward side with a big washout at the end. only big buyers can stem the flow. until they show up, you are at your own mercy.