Blog, Day 9 of $QQQ short term up-trend; The modified daily Guppy chart shows a clear change in trend for gold, measured by GLD. See the daily chart below and the end of the BWR decline and the start of an RWB up-trend.

@ 9:50 pm
GMI6/6
GMI-27/9
T210851%

This could be a meaningful advance for gold. Note GLD has now closed above all 12 averages. The dotted line shows daily closes. An RWB advances means that all shorter term red averages are rising above all of the longer term blue averages with a white space separating them. That is the opposite of the BWR down-trend. Note the arrow pointing to the RWB pattern.

Screenshot

2 thoughts on “Blog, Day 9 of $QQQ short term up-trend; The modified daily Guppy chart shows a clear change in trend for gold, measured by GLD. See the daily chart below and the end of the BWR decline and the start of an RWB up-trend.”

  1. Thanks again Dr. Wish for your system and teaching it. Maybe in a few years you can have the AI summarize your blog into a book.

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