Blog Post: Day 8 of $QQQ short term up-trend, it could end on Monday; But my 10:30 weekly chart of $QQQ shows a continuing longer term up-trend.
While my short term QQQ trend indicator might turn down on Monday, QQQ closed (gray line) above it 10 week average (dotted line)and its 10 week average is climbing above its rising 30 week average (red line).
Blog Post: Day 6 of $QQQ short term up-trend; the dollar is climbing as long term treasuries and gold decline, see daily adapted Guppy charts
Falling bonds means rising interest rates and the dollar climbs in value and gold declines. (It takes fewer dollars to buy gold.)
