Another up or level day for QQQ will end the new short term down-trend after only 4 days. The GMI-2 is now 8 (of 8). All components are positive.
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$NFLX breaks out
NFLX broke out of its consolidation on Tuesday on slightly above average trading volume.
2nd day of new $QQQ short term down-trend
I don’t trust a QQQ short term down-trend until it lasts 5 days. About 40% end before then.