$QQQ short term up-trend survives to 17th day, U-17; GLB: $VNTV

GMI6/6
GMI-26/8
T210871%

For a while it looked like the QQQ short term up-trend would end on Tuesday, but the end of session strength pulled the indexes back from the edge. I tweeted intraday (@wishingwealth) about one GLB, VNTV, that closed at an all-time high. I have a position in VNTV but will sell out quickly with a close below the green line, around 60. The break-out would have been more impressive if trading volume had been greater.

VNTV has a strong RWB pattern, with an RWBCount=12 (of 12).

 

Leave a Reply

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