3rd day of $QQQ short term down-trend; Daily RWB charts get one out of $IBM and $GS and into $MCD and $GLD

@ 9:08 pm
GMI2/6
GMI-25/9
T210847%

The RWB daily charts would have warned one to get out of IBM and GS long before their earnings inspired declines. Note when each went from RWB up-trends to BWR down-trends with 0/0 patterns.

It’s all in the chart! I own RWB stocks and get out of BWR stocks. Note how nice the chart is for MCD–pure RWB and a perfect 6/6 pattern.

And of course there is GLD, 6/6.

 

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