With AAPL down in the after-market after posting solid earnings, this short term up-trend may be becoming a little old. This is not the time for me to add new positions in my trading accounts.
Dr. Wish
48th day of $QQQ short term up-trend
AAPL reports earnings today after close.
GMI still on buy signal from April 22
It was great to see many of you at Saturday’s AAII workshop. Friday was 47th day of current $QQQ short term up-trend. IBD still sees “uptrend under pressure.”
This weekly chart shows that QQQ remains in a strong Stage 2 up-trend, however. Click on chart to enlarge.
