Put/call ratio = 1.04. Maybe a bounce is coming? gmi: 1 gmi-2: 2 t2108: 31 Tags: QQQ
With the GMI at 5 and above 4 for two consecutive days, this indicator is flashing a bullish signal. I will be more comfortable if the QQQ holds on Tuesday and its short term trend turns up too. The Worden T2108 indicator is in ne...
A lot of stocks bounced from oversold on Wednesday. Another up or flat day will change the QQQ short term trend to an up-trend. The longer term trend remains up. Interest rates continue to rise. gmi: 4 gmi-2: 4 t2108: 40
With a put/call ratio above 1 on Monday, we are getting a bounce in the futures this morning. How long will it last? Note that the longer term trend of QQQ is still up, with a RWB pattern. gmi: 2 gmi-2: 4 t2108: 25
QQQ short term up-trend may end with a down day on Tuesday. The 30 day moving average is flat and prone to whipsaws. gmi: 3 gmi-2: 8 t2108: 35 No tags for this post.