New QQQ short term up-trend; GMI flashes Buy signal; Green line chart of AMGN


Monday was the first day of a new QQQ short term up-trend.   The prior down-trend lasted only 3 days.   This has been a very erratic market. I am more confident of a change in trend after it has persisted for 5 days. So I am slowly wading back into this market. Keeping an eye on AMGN.   This monthly green line chart shows AMGN is about to break out of a multi-year base to an all-time high.

Leave a Reply

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