GMI turns Red; $QQQ closes below 10 week average

GMI1/6
GMI-22/8
T210840%

After 21 straight weeks above, the QQQ has now closed below its critical 10 week average (blue dotted line). Note the above average volume the past 2 weeks of declines.

 

And the GMI has turned Red. I am holding a small position in SQQQ.

 

 

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