5th day of QQQ short term down-trend; in cash

GMI0
GMI-20
T21088%

Bottoms take a while to put in.   I do not trust this one yet.   We are only five days into the new short term down-trend. But with the T2108 at 8% we are in extremely oversold territory. I am in cash, safely and calmly watching from the sidelines.

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One thought on “5th day of QQQ short term down-trend; in cash

  1. This is bad, good Doctor. Nice that your system pinned it 5 days ago. Thanks but I only managed to get to 20% cash plus adding a utility (which is down too but not as much as all else).

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