gmi: 6 gmi-2: 8 t2108: 46 Tags: QQQ
The GMI remains at 6 (of 6). The Worden T2108 Indicator is starting to decline. Only 34% of the Nasdaq 100 stocks closed with their MACD above its signal line. Nevertheless, the long and short term trends remain up, for now. gmi: ...
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.
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.