QQQ short term up-trend reaches 9th day, but troubling signs emerge in leaders

GMI6/6
GMI-23/9
T210863%

The short term up-trend may be in jeopardy, with pre-market futures weak this morning.   I am still very concerned about the continued weakness in AAPL’s shares.   When the leaders of a bull market weaken, it often is an early sign that the other stocks will follow.   GOOG, AAPL, NFLX and FFIV are well below their highs.   Time to be cautious again.

3 thoughts on “QQQ short term up-trend reaches 9th day, but troubling signs emerge in leaders”

  1. Fear that the Fed may raise interest rates may be scaring the market. Such action is imminent since every other central bank in the world has had a rate hike.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.