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Blog Post: Day 41 of $QQQ short term up-trend, GMI declines to 4

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4.5 (252) In stock

A stong advance is evident when the 4wk>10wk>30 average and the stock continually climbs above the 4 wk average. It is clear from this chart that QQQ is now below the 4 wk average (red dotted line). If it closes the week below, it suggests to me that the recent up-trend is over for now.

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Blog post: Day 31 of $QQQ short term down-trend; Stage 4 down-trend likely, see weekly chart; GMI=0 and Red

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Blog Post: $QQQ short term up-trend could end after 3 days and GMI could go back to Red after 2 days, 100% in cash, these charts tell the story

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Blog Post: Day 26 of $QQQ short term up-trend; 41 US new highs and 222 new lows; hourly modified GMMA chart reveals BWR decline of $QQQ

Blog Post: Day 39 of $QQQ short term up-trend; GMI declines to 4; list of 9 stocks that passed my weekly green bar scan–includes $AAPL, see chart; window dressing upon us?

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