Blog post: Day 2 of $QQQ short term down-trend; 323 US lows and 19 highs; QQQ entering daily BWR down-trend, see chart; See you on Saturday?

GMI1/6
GMI-21/9
T210828%

In this daily chart, all of the red lines are declining below all of the blue lines with a white space between them= BWR decline. This is the time for me to be mainly in cash. Remember to catch my presentation on Saturday at 2:40 pm EST at the third day of the TraderLion 2022 conference. The recordings of presentations from all days are also available on their site. The link to Saturday’s program is here.