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