5th day of $QQQ short term up-trend; jury still out

GMI4/6
GMI-26/8
T210865%

GMI may flash a Buy if Monday is strong. I am not ready to wade back into this market, however, until the QQQ retakes its 30 week average (red line), currently at 107.87. I also want to see its 10 week average (blue dotted line) back above the 30 week.

QQQ10092015

GMI10092015

 

2 thoughts on “5th day of $QQQ short term up-trend; jury still out”

  1. While your QQQ and GMI stay below resistance lines, the stock market keeps GOING UP !! When your index gives the “GO” sign, the market may turn down??!!!

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