Blog Post: Day 41 of $QQQ short term up-trend, GMI declines to 4

$ 10.50 · 4.5 (251) · 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.

Investing Money Blogs: HOW DOES THE STOCK MARKET WORK?

Rotation Preparation: Why QQQ Outshines SCHG

Blog post: Day 11 of $QQQ short term up-trend; $SPY just holding 30 week average, $QQQ, $IWM and $DIA are below; most foreign country ETFs are in down-trends

Blog Post: Day 13 of $QQQ short term down-trend; weekly chart of $DIA suggests re-test of last June's lows; how to discern a market bottom–it's easy with a weekly 10:30 chart!

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

Investing Money Blogs: HOW DOES THE STOCK MARKET WORK?

Blog post: Day 3 of $QQQ short term down-trend; GMI turns Red; $QQQ holds 30 week average–for now, see chart

Nasdaq 100 Signal Says Stocks Could Post Impressive Multi-Year Gains

Blog Post: Day 2 of $QQQ short term up-trend, but I would not bet on it lasting through Wednesday. 81 new US highs, 170 lows and 18 at ATH; $GLD renewed its

Investing Money Blogs: HOW DOES THE STOCK MARKET WORK?