New $QQQ short term up-trend; recent GLB, $WB powers higher

GMI6/6
GMI-27/9
T210853%

Thursday was the first day of the new QQQ short term up-trend. I am more confident of a change in trend once it lasts for 5 days. I will look towards slowly taking a position in TQQQ, the 3X leveraged bullish ETF for QQQ. Meanwhile the recent GLB, $WB powered higher on Thursday on above average volume.

Screen Shot 2016-07-07 at 8.41.03 PM

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.