19th day of $QQQ short term up-trend

GMI6/6
GMI-28/8
T210875%

All components positive, but the T2108 is at 75% and getting near overbought territory. Also, 24% of all stocks are up 5% or more over the past 6 days.   That is quite rare.   We could get some weakness before we reach end of quarter mutual fund window dressing.   Then on to second quarter earnings……

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.