The bounce from oversold levels ended and the decline has resumed. Note the developing BWR pattern in the daily Guppy chart of the QQQ. I remain in cash, with a small position in SQQQ.
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GMI rebounds to 3, 15th day of $QQQ short term down-trend–108=key level
Still in cash and a little short. Monday was the 15th day of current QQQ short term down-trend. If QQQ, now at 106.82, can retake and hold above 108, my indicators would turn around.
13th day of $QQQ short term down-trend; $AAPL breaks support
What is ailing AAPL?