Sorted by close/250 day low.
Blog Post: Day 3 of $QQQ short term up-trend, it could end on Monday; but the 10:30 weekly chart shows a continuing longer term Stage 2 up-trend; time will tell
QQQ looks like it hit a stone wall at the descending trend line on the daily chart.
However, the 10:30 weekly chart is still in a longer term Stage 2 up-trend. Stay tuned…..
The GMI is at 2 (of 6) and on a Red signal.
Blog Post: Day 2 of $QQQ short term up-trend; 68 US new highs and 162 lows; $QQQ stops right at declining trend line, see daily chart, will it break through?
Remember, I am more confident of a change in my $QQQ short term trend indicator when it reaches Day 5. We must be nimble.
