TECHNICALS QQQQ

The QQQQ is now a quandary as it has broken above its recent trading range of 40 to 42. It closed yesterday at 42.05 after hitting 42.3 in the morning. The quandary is we broke above the trading range and pulled back and the 2 day RSI is over 90, which is generally a good time to sell.

So what to do? I am inclined to watch the internals this morning and let them guide me. If they are strong I will probably hang on and try to sell them into the strength and if the internals are weak, I will probably sell out near the open and look to buy back at lower prices.