After 11 straight up days in $QQQ are we surprised by a down day! Could be setting up for end of quarter window dressing and Santa Claus rally.

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GMI-27/9
T210880%

With the end of quarter coming it would not surprise me to see a huge end of year rally. Mutual funds’ quarterly reports will aim to show ownership  of the best performing stocks the past few months (without telling when they purchased them) .  My GMI components are all positive. Most advances begin from an oversold position, as last occurred in November. Waiting for a bounce off of a key moving average or the lower 15.2 Bollinger Band.

 

$EH has high volume GLB, +34.9%

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GMI-27/9
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I tweeted this GLB out intraday when my TC2000 alert was triggered. You may follow my tweets @wishingwealth. Such tweets are for educational purposes only and are not recommendations. EH is a Chinese company and was an IPO one year ago. An IPO that forms a peak and then consolidates for weeks or months  can be a screaming buy when it finally goes through the peak (green line) to an ATH. If it closes back below the green line it is a sign of technical weakness and a failed GLB (green line break-out).