11th day of QQQ short term up-trend

GMI4/6
GMI-23/8
T210851%

Up-trend has barely held on.   I remain very cautious and am mainly in cash in my trading accounts. Check out this interesting post on the low levels of bearish sentiment. There are too few bears right now.

1 thought on “11th day of QQQ short term up-trend”

  1. Dr. Wish, Wouldn’t you say that LULU (apparels) has formed a CUP AND HANDLE in Feb-Apr?? with typical Volume decreasing as a good sign to buy? Remember I mentioned here I bought LULU at $76 per share in Feb, stayed with it through the recent dips/ups, and now I see a cup-handle formed. Agree??

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