Still long, but I am watching out for weakness as we get to end of earnings and February debt limit nonsense.
9th day of QQQ short term up-trend; FB announcements?
Today we learn about the FB surprises.
8th day of QQQ short term up-trend
With the GMI at 6 (of 6) I remain invested on the long side. The only warning sign now is the Worden T2108, at 83%. If T2108 rises to above 85%, I will become more cautious. I suspect the market will weaken after earnings are out and as we approach the debt limit confrontation next month.
