My indicators remain unchanged. Monday was 3rd day of new QQQ short term up-trend. Let’s see if it can survive 5 days.
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Back to new QQQ short term up-trend
We are in a period with the index going back and forth above and below its key moving average. That is why I prefer to trust a new trend only after it reaches the fifth day. Thursday was the first day of a new QQQ short term up-trend. All of this is happening within a longer term down-trend. I am still mainly in cash with a few small long positions.