QQQ looks to break into bullish territory

QQQ again breaks out above the longer resistance line to test new more bullish grounds

• For the second day in a row QQQ breaks above the long term downward resistance line
  
• This breakout is accompanied with increased volume over yesterday while trading in the higher zone
  
• RSI breaks above SMA during this time
  
• RSI's SMA been flat to trending slightly updward
  

The bulls are looking to be taking over in the near future showing further weakness in this sell off.