Not the time for me to make large bets. Daily Guppy chart of QQQ looks weak.
Dr. Wish
2nd day of $QQQ short term down-trend; $SPB strong Zika play
SPB has been climbing. It makes insect repellents! Here is weekly chart, showing GLB in March.
It also has a strong RWB rocket pattern.
Start of $QQQ short term down-trend; GMI steady; GLB: $TIS
While the GMI Buy signal still holds for now, my short term trend count for QQQ has turned down. I do not trust a change in the short term trend unless it lasts for a few days. But I did cut back on my long positions on Monday. I do not like the way the market weakened towards the end of the day. The QQQ and SPY closed near their lows for the day.
TIS had a GLB to an all-time high on Monday.
