Powershares Tech ETF $QQQ made a strong recovery during the 4/4 session, signaling that the overall tech sector is still bullish.QQQ Daily Chart(click to enlarge)Still Bullish:- The daily chart suggests QQQ is still bullish.1) Price is still holding above the 200-day simple moving average. 2) The RSI has not tagged 30. (This says the market is NOT bearish more than it says it IS bullish).3) The 4/4 session candle is a bullish engulfing candle that returned from above the open of the week. Key Support:- I think the more important clue we got from the 4/4 candle is NOT that the market is still bullish, but that $154 is now a key support.- A subsequent break below $154 would confirm a bearish outlook first to $150, with downside towards $146. - For now, we can anticipate a push towards the $163-$164 area, a move that could be within the context of both a bullish continuation, or a market that is still in consolidation.