The QQQQs appear to have broken out of a rather long double bottom. There are a lot of considerations and opinions and emotions flying around about the market — but it’s the chart that rules. And this is a buy signal. Everybody knows we think this business (the rally) is a bull trap. But what if it’s not? Besides if it is we have a way of dealing with it. It’s called stops and getting off failed experiments.Beautiful neckline. Gap up on approach. Pull back. Gap up. Simple.