4th day of $QQQ short term down-trend; GMI flashes Sell; mainly in cash


With the GMI turning to Sell, I am in cash with a very small position in SQQQ in my trading accounts. The longer term trend remains up. On the other hand, the QQQ is very over sold, with a low daily 10.4 stochastic,   and it could bounce at anytime.   Sentiment in my class on Thursday was also quite bearish. That is why cash is the safest place for me now.

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