QQQ short term up-trend completes 16th day

GMI5/6
GMI-26/8
T210869%

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.

2 thoughts on “QQQ short term up-trend completes 16th day”

  1. 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.

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