53rd day of $QQQ short term up-trend

GMI6/6
GMI-28/8
T210861%

All of my indicators remain positive, but I am pulling some funds from the market in my trading accounts.   Markets always fall faster than they climb.   When the decline finally comes, it may be rapid and steep. The up-trend that ended last April lasted 75 days, so it is possible that the current up-trend could last that long, but that length is relatively rare.

2 thoughts on “53rd day of $QQQ short term up-trend”

  1. When you refer to trading accounts are you referring to those that hold leveraged NADSAQ funds? Or, are you referring to accounts used to trade individual stocks? Or, possibly both?

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