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41st day of QQQ short term up-trend; T2108 appears to be weakening

Business & Finance / Investing : Wishing Wealth Blog

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: ...

GMI back to 6; 3rd day of new QQQ short term up-trend

Business & Finance / Investing : Wishing Wealth Blog

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

5th day of $QQQ short term up-trend; $OLED

Business & Finance / Investing : Wishing Wealth Blog

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.

6th day of $QQQ short term down-trend; GMI on verge of Sell signal

Business & Finance / Investing : Wishing Wealth Blog

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.

GMI rebounds to 3, 15th day of $QQQ short term down-trend–108=key level

Business & Finance / Investing : Wishing Wealth Blog

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.

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