Blog post: Day 40 of $QQQ short term down-trend; Daily modified Guppy chart told you to get out of $RH long before Wednesday’s 19% drop. All major indexes remain in BWR down-trends. See $USO RWB up-trend.

@ 10:43 pm
GMI1/6
GMI-25/9
T210825%

Just look at a modified daily Guppy chart before buying or selling. A picture is worth a thousand words, or dollars. Ignore the fundamentals and stories. Just look at the stock’s behavior. I am sorry for those who are holding RH. In an up-trend all of the red lines must be rising well above the blue lines=RWB, see chart of USO. The dotted line shows the daily closes.

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1 thought on “Blog post: Day 40 of $QQQ short term down-trend; Daily modified Guppy chart told you to get out of $RH long before Wednesday’s 19% drop. All major indexes remain in BWR down-trends. See $USO RWB up-trend.”

  1. Please let us know the full percentage downturn date started your method and date ended your method today I guess.
    Want to know whether it made 10% down and was an offical correction or not!

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