4 thoughts on “16th day of QQQ short term down-trend; Best Wishes to Steve Jobs”
Me too, Pops. Me too.
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I was curious as to why the GMI dropped to 0 and the GMI2 rose to 1. Do you still have the data on this change? Thanks for a brief reply.
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Hey,
I just wanted to point out that both the DJ-30 and the NASDAQ, and even the SP500 indexes are forming a flag pattern. I think the market is ready to make a very strong move(not sure in which direction) very soon. Is there some sort of announcement coming this week that we should know about, hence the market is consolidating like this.
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The GMI2 includes a very sensitive short term indicator that went positive yesterday.
Me too, Pops. Me too.
I was curious as to why the GMI dropped to 0 and the GMI2 rose to 1. Do you still have the data on this change? Thanks for a brief reply.
Hey,
I just wanted to point out that both the DJ-30 and the NASDAQ, and even the SP500 indexes are forming a flag pattern. I think the market is ready to make a very strong move(not sure in which direction) very soon. Is there some sort of announcement coming this week that we should know about, hence the market is consolidating like this.
The GMI2 includes a very sensitive short term indicator that went positive yesterday.