With a small exception, the QQQ has been in a yellowband up-trend since January. (weekly charts, weekly closing price (solid black line), 10 week average (dotted line), 30 week average (red line).
Similar to the DIA
And the SPY
Even as the dollar, UUP, has been in a yellowband down-trend since April. (Closing below the 30 week average is a major sign of weakness for me.)
And the GMI remains at 6 (of 6) and Green.
Next post will be Wednesday evening, 9/27.
