That new C high on the QQQQ's would look somethinng like this. It's rough...but the idea is there. The channel looks better this way. <a href="http://stockcharts.com/c-sc/sc?s=QQQQ&p=60&yr=0&mn=6&dy=0&i=p05725709360&a=153305640&r=271" target="_blank">http://stockcharts.com/c-sc/sc?s=QQQQ&p=60&yr=0&mn=6&dy=0&i=p05725709360&a=153305640&r=271</a>