Blog Post: Day 42 of $QQQ short term up-trend; GMI remains Green and registers 6 (of 6); $QQQ remains in a short term up-trend but found resistance on Friday at its upper 15.2 daily Bollinger Band; waiting for dots, see daily chart

@ 9:21 pm
GMI6/6
GMI-24/9
T210860%

Friday’s decline came on markedly increased trading volume.  With earnings season over we may get a post-earnings lull until late March? A black or blue or green dot (oversold bounce) might signal the beginning of a new move up.  Time will only tell…. Check out my dot indicators by going to the Webinars tab on this blog and selecting my 2024 Meetup presentation.

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