gmi: 5 gmi-2: 7 t2108: 41 Tags: QQQ
One more weak day will turn the GMI to a Sell signal. The QQQ is already in a short term down-trend. Time to be very defensive. gmi: 1 gmi-2: 1 t2108: 65 No tags for this post.
The GMI is back to 6 and the QQQ short term up-trend continues. The GMI indicator flashed a bullish trend signal on December 23rd, which remains in force. I wish everyone a wonderful Happy New Year. gmi: 6 gmi-2: 3 t2108: 56
I have more confidence in a new short term QQQ up- trend when it reaches the 5th day. OLED has been holding its recent GLB to all-time highs. (I have a small position.) gmi: 6 gmi-2: 7 t2108: 66 No tags for this post.
Still in cash and a little short. Monday was the 15th day of current QQQ short term down-trend. If QQQ, now at 106.82, can retake and hold above 108, my indicators would turn around. gmi: 3 gmi-2: 5 t2108: 57 No tags for this post.