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Mar 31.15 / Dr. Wish
4th day of $QQQ short term down-trend; $AMBA rocks

IBD says uptrend under pressure, but also that the put/call ratio was above 1 on Tuesday. Surprisingly, AMBA hit a new all-time high on Tuesday. It remains in a strong RWB up-trend and above its green line break-out. (I own some.) Maybe funds wanted to dress up their end of quarter portfolios with this winner.


Mar 30.15 / Dr. Wish

Mar 26.15 / Dr. Wish

Mar 25.15 / Dr. Wish
7th day of $QQQ short term up-trend

IBD again sees market uptrend under pressure. A flat or down day on Thursday will change the QQQ short term trend to down.


Mar 24.15 / Dr. Wish

Mar 23.15 / Dr. Wish

Mar 19.15 / Dr. Wish

Mar 18.15 / Dr. Wish

Mar 17.15 / Dr. Wish
1st day of $QQQ short term up-trend

The new up-trend will have to last 5 days for me to have confidence in it. It is very strange and noteworthy  that only a minority of the Nasdaq 100 stocks rose  as that index advanced. IBD still sees the market uptrend under pressure.


Mar 16.15 / Dr. Wish



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