With T2108 at 78%, the market is quite extended on the buy side. The indexes have rebounded about 8% in 12 days. Do we really think the market will just keep rising?
Dr. Wish
5th day of $QQQ short term up-trend; GLB: $INFO
I am more certain of a change in the short term trend once it reaches 5 days. I am now looking for stocks with a high volume green line break-out (GLB) to an all-time high. INFO did so on Wednesday.
4th day of $QQQ short term up-trend; GLB: $CRI
CRI had a GLB on above average volume on Tuesday.
