Blog Post: Day 41 of $QQQ short term up-trend, GMI declines to 4 (of 6); After 9 straight weeks above, $QQQ is now below its 4 wk average, see weekly chart
4.5 (377) In stock
A stong advance is evident when the 4wk>10wk>30 average and the stock continually climbs above the 4 wk average. It is clear from this chart that QQQ is now below the 4 wk average (red dotted line). If it closes the week below, it suggests to me that the recent up-trend is over for now.
A Possible Bounce In QQQ ETF; TQQQ Less Attractive For Day Trading
Blog Post: Day 41 of $QQQ short term up-trend, GMI declines to 4 (of 6); After 9 straight weeks above, $QQQ is now below its 4 wk average, see weekly chart
Blog Post: Day 44 of $QQQ short term up-trend; $QQQ has black dot, oversold bounce, see daily chart and list of 16 strong stocks that had a black dot on Tuesday
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Blog post; Day 4 of $QQQ short term down-trend; GMI could turn Green on Monday; $PAG follows through on cup and handle break-out
56th day of $QQQ short term up-trend, among longest 16% since 2006
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