The tech stocks as measured by the QQQ are leading the market higher. Note that all short term daily averages (red) are above the rising longer term averages (blue). A break-out above the May highs would likely usher in a new leg up.
Stock Market Technical Indicators & Analysis
The tech stocks as measured by the QQQ are leading the market higher. Note that all short term daily averages (red) are above the rising longer term averages (blue). A break-out above the May highs would likely usher in a new leg up.
Looking at the recent data that you’ve posted, should the GMI and GMI2 be 5 and 6 for July 19, 20 and 21? For July 20 you have the GMI and GMI2 as 6 and 5. Thanks for a brief reply.
I will check tonight, but as long as the GMI is 4 or more I tend to be long.