The long and short term trends of the market indexes remain up. The SPY and QQQQ ETF’s have closed above their 10 week averages for 18 weeks. The Worden T2108 indicator is in neutral territory, at 64%. Should be an interesting week for tech stocks if Verizon makes the expected announcement regarding adoption of the iPhone.
QQQQ DIDN’T close above it’s 10 day sma?
Corrected! Thank you.