8th day of QQQ short term up-trend; GLD rebound over?


On December 23rd, the GMI flashed a buy signal.   I remain invested long in my university pension and hold several long positions in my trading accounts.   AAPL has helped to drive the Nasdaq 100 index (QQQ) higher.   GLD may be reaching the end of its rebound from oversold levels.   With its stochastic at 89, I am looking for signs of a reversal before I short GLD.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.