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Blog Post: Day 6 of $QQQ short term down-trend, it could end Thursday; Out of $SQQQ. $QQQ had a high volume rise and blue dot over sold bounce.
Time to be out of SQQQ and to nibble at TQQQ. QQQ short term trend could turn up by Thursday’s close. I have to be nimble to catch the changing trend. Note the accumulation day on Wednesday. Only 38% of my new class of 130 students thought QQQ would rise this week. Learning what a contrarian indicator is.
