36th day of QQQ short term up-trend; weak period coming?

GMI6/6
GMI-28/8
T210851%

All indicators remain positive. But QQQ just closed down   after touching top Bollinger Band, suggesting to me that there will be some short term weakness ahead. I am not making any new buys now. Click on chart to enlarge.

QQQdaily12022013

2 thoughts on “36th day of QQQ short term up-trend; weak period coming?”

  1. Hello Dr. Wish,
    The buy and hold statistic is interesting and shows what can be done in a bull market. I am curious if you did a graph strictly following the buy and sell signals of the BMI? Your work here is appreciated.
    Thanks
    Rory

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