Daily BWR down-trend pattern is over but there is not yet a daily RWB pattern, The close of QQQ (dotted line) above all 12 moving averages is promising. Will it lead the averages up into a new RWB up-trend?
Stock Market Technical Indicators & Analysis
Also, the QQQs are having a difficult time maintaining their position north of the 50 DMA. I’m hesitant to invest until they begin to live above the 50, so that it can become support.