13th day of QQQ short term up-trend; jobs report Friday coming up

GMI5/6
GMI-25/8
T210881%

Be careful with the release of jobs report Friday morning. Market remains in up-trend, but we could get some quick weakness and then come back strong next week going into 2nd quarter earnings.   The T2108 remains at 81%, a very high level. The rise in AAPL and GOOG masked weakness in the Nasdaq 100 stocks.   Only 36% of them rose on Thursday.

 

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