The tech sector absorbed yesterday's gap down and rallied from the $302 support area. The lower end of the recent range continues to be a good entry point for those looking to trade this tight range. If the CPI numbers came in lower than expected on Friday, we expect the $QQQ to get above $320-5 by early next week. Watch the leaders for clues. Will $AAPL get above $150 and $GOOGL above $2400 in order to firm the recent rally attempts? The longer we hold this range, the higher the move we will have in either direction. The measured move from this channel is currently at 12 points.