GMI stays Green; 10th day of $QQQ short term up-trend

GMI4/6
GMI-24/8
T210827%

A number of the stocks I monitor bounced on Friday and I nibbled. It remains to be seen whether the bounces will hold and whether the indexes will. The QQQ is still in a daily RWB up-trend (see glossary).

 

The GMI remains Green having rebounded to 4 (of 6). Note that SPY closed below its 10 week average.

Leave a Reply

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