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Blog Post; Day 41 of $QQQ short term up-trend; $QQQ barrels ahead with a daily RWB pattern, see chart
As long as the 6 shorter term averages (red) are rising above the 6 longer term averages (blue) so there is a white space between them, it is a strong RWB up-trend. I follow the market’s trend. Note when I called Day 1 of the short term up-trend.