2nd day of $QQQ short term up-trend; channel break-out? Thursday, February 5, 2015 @ 8:33 pm by Dr. Wish GMI4/6 GMI-27/9 T210867% It looks to me like the DIA and SPY broke out of their channels on Thursday. Is the QQQ next? The QQQ is lagging–for now: Share this: Click to email a link to a friend (Opens in new window) Email Click to share on Facebook (Opens in new window) Facebook Click to share on X (Opens in new window) X Click to share on LinkedIn (Opens in new window) LinkedIn Click to print (Opens in new window) Print More Click to share on Pocket (Opens in new window) Pocket Click to share on Pinterest (Opens in new window) Pinterest Click to share on Tumblr (Opens in new window) Tumblr Click to share on Reddit (Opens in new window) Reddit Click to share on Telegram (Opens in new window) Telegram Click to share on WhatsApp (Opens in new window) WhatsApp Related
Given how the markets performed on Thursday, I was surprised to see the GMI drop from 5 to 4. What were the two negative GMI factors on Thursday? Thanks in advance for your comments. Loading...
Successful 10 day new high- 45% However, GMI corrected to remain at 5 because I found later that IBD mutual fund index retook its 50 day average. Loading...
Given how the markets performed on Thursday, I was surprised to see the GMI drop from 5 to 4. What were the two negative GMI factors on Thursday?
Thanks in advance for your comments.
Successful 10 day new high- 45% However, GMI corrected to remain at 5 because I found later that IBD mutual fund index retook its 50 day average.