Dr. Wish
Blog Post: Day1 of $QQQ short term down-trend; In cash or $SQQQ in short term trading accounts, post earnings release down-trend
I suspect we are in the post earnings release down-trend period. About 40% of QQQ short term down-trends have lasted 5 days or less.
Blog Post: Day 12 of $QQQ short term up-trend, could end on Wednesday; longer term up-trend still intact with GMI=6
QQQ closed back below all 12 averages. RWB up-trend over. Time to be very defensive.
