Posted Tuesday, July 13, 2010 @ 7:00 am by Dr. Wish
GMMA shows QQQQ still in down-trend
The daily Guppy Multiple Moving Average (GMMA) chart of the QQQQ below (click on chart to enlarge) shows that all of the short term averages (black) remain below the longer term averages (red). Monday was the 11th day of the current QQQQ short term down-trend.
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