6th day of QQQ short term down-trend; weekly GMMA level

GMI0/6
GMI-22/8
T210822%

The QQQ short term down-trend reached its 6th day on Friday.   GMI remains at zero, but shorter term GMI2 shows a little strength, at 2. Meanwhile, the weekly GMMA chart of the QQQ shows a level, basing? pattern, for now.   Click on chart to enlarge. I remain in cash until the GMI rises above 3.

 

 

 

 

 

 

 

1 thought on “6th day of QQQ short term down-trend; weekly GMMA level”

  1. Pingback: 09/22/11: AIG’s trend | Wall Street Stocks

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