The technical signal that got me out of the market in 2000 and 2008 was when QQQ closed below its 30 week average and that average curved down. That is obviously not the case right now. I sometimes have to grit my teeth, hold my breath and follow the trend shown in my charts. If the 4wk average turns up and climbs back above the 10wk average the market will be in great shape. A strong advance has weekly averages lined up with 4wk>10wk>30wk, as was the case last May. But the Iran war events could upset everything again. Stay tuned……
