16th day of $QQQ short term down-trend; ominous BWR pattern Tuesday, May 17, 2016 @ 8:14 pm by Dr. Wish GMI1/6 GMI-21/9 T210849% The bounce from oversold levels ended and the decline has resumed. Note the developing BWR pattern in the daily Guppy chart of the QQQ. I remain in cash, with a small position in SQQQ. 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
