Day 13 of $QQQ short term up-trend; Weekly chart shows QQQ to be right on its 4wk and 10wk averages. This critical week should tell us whether QQQ will hold up of fall below these averages. The GMI is still Green, see table. Sunday, August 23, 2026 @ 8:47 pm by Dr. Wish GMI5/6 GMI-24/9 T210846% Screenshot
Day 12 of $QQQ short term up-trend, but it is weakening; Only 25 stocks reached an ATH, 8 are oil & gas related. QQQ closed just below its 4 wk and 10 wk averages, see weekly chart. Friday’s close may tell the story. Thursday, August 20, 2026 @ 5:37 pm by Dr. Wish GMI4/6 GMI-24/9 T210851% Screenshot
Day 11 of $QQQ short term up-trend; My post on 8/17 showed GLD turning up as some traders apparently anticipated the U.S. announcement to reduce interest rates. It’s all in the charts! Wednesday, August 19, 2026 @ 9:28 pm by Dr. Wish GMI5/6 GMI-25/9 T210848% This daily Guppy chart shows the new up-trend in GLD. Were traders just lucky to anticipate the move in GLD Wednesday? Note the above average trading volume. Screenshot .