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4th day of $QQQ short term down-trend

Still waiting for Mr. Market to make up his mind. gmi: 1 gmi-2: 2 t2108: 30 Tags: QQQ
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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.

QQQ short term trend still down

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While the GMI still indicates a buy signal, the QQQ short term trend is still down and its moving average is flat and therefore prone to whip-saws.  I am only cautiously bullish. gmi: 5 gmi-2: 6 t2108: 60

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

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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.

4th day of $QQQ short term down-trend; beware volatility with British vote results

Business & Finance / Investing : Wishing Wealth Blog

This market will depend on outcome of British vote. I will wait until the dust settles. gmi: 5 gmi-2: 8 t2108: 70 No tags for this post.

7th day of $QQQ short term up-trend

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IBD again sees market uptrend under pressure. A flat or down day on Thursday will change the QQQ short term trend to down. gmi: 5 gmi-2: 3 t2108: 47

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