It may be hard to believe, but my indicators still show QQQ in short term and longer term up-trends. These indicators saved me from significant declines many times. However, the weekly closes designated by the gray solid line show QQQ to be flat since the May/June peaks at all-time highs. September is typically the weakest month of the year for the markets. We may have to wait until the next earnings release period in October to break from this plateau.
The GMI is at 4, of 6, and remains on a Green signal.
