Blog Post: Day 7 of $QQQ short term down-trend; GMI =2, could turn RED Friday; $QQQ enters daily BWR down-trend, see modified Guppy chart; cash is king!

GMI2/6
GMI-23/9
T210860%

The shorter averages (red) are now declining below the longer averages (blue) with a white space between them. Hence the BWR down-trend. The dotted line is the daily close. Time to be on the sidelines in my trading accounts. My university retirement funds remain in mutual funds, for now.

Screenshot

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