29th day of $QQQ short term up-trend; $OLLI and $Z surge to all-time highs

GMI6/6
GMI-28/8
T210853%

OLLI had a GLB (green line break-out) in November, 2016, and re-tested it in early January. Since then it has been on a steady rise. See how all is clear in a weekly chart!

Z may be on a similar trajectory after a retest of  its GLB.

 

2 thoughts on “29th day of $QQQ short term up-trend; $OLLI and $Z surge to all-time highs”

  1. Remember when you were bearish b/c Vas said that the market was at the trend channel line, and I wrote that this method (and Vas) have kept me out of more bull trends than anything else… well, here is an example… Vas is too bearish in general – this is helpful to keep in mind when hearing his analysis about the market.

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