10th day of $QQQ short term up-trend; P/C ratio=1.10; $DBC=Stage II up-trend

With the p/c ratio=1.10 the market may bounce again on Friday.

I have been buying DBC, the commodity tracking index ETF. This weekly chart is showing a new Stage II up-trend. I will hold DBC as long as it holds its 30 week average (red line).