New $QQQ short term up-trend and longer term trend remains in RWB pattern, $SPY weaker.

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GMI-27/8
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Thursday was the 2nd day of a new QQQ short term up-trend. I am buying some TQQQ. I will be more confident of the change in trend if it reaches 5 days. Nevertheless, the QQQ remains in an RWB up-trend.

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In contrast, the SPY remains somewhat weaker, with the faster averages (red) constricted.

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