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$SQ entering Stage IV down-trend; 79th day of $QQQ short term up-trend
Weekly chart shows SQ closing below declining 30 week average. Look how much SQ advanced until November when Stage II ended. I only own stocks in Stage II up-trends.
$QQQ holding rising 4 week average; 78th day of $QQQ short term up-trend
QQQ has closed above its 4 week average (red dotted line) every week since early January, but one week in early March. Holding its rising 4 week average is a sign of a strong advance in any index or stock.
