9th day of $QQQ short term down-trend; over-sold bounce coming? Sunday, May 8, 2016 @ 7:24 pm by Dr. Wish GMI2/6 GMI-22/9 T210862% All of the major indexes I follow have over-sold 10.4 daily stochastic readings (<20) . I suspect we are about to get a short bounce within this longer term down-trend. I remain mainly in cash. 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