Dr. Wish

I do not see a clear enough trend to trade, but the GMI is back to 5. The QQQ has re-taken break-out level.

How far will this bounce go?

With a put/call ratio above 1 on Monday, we are getting a bounce in the futures this morning. How long will it last? Note that the longer term trend of QQQ is still up, with a RWB pattern.