6th day of $QQQ short term down-trend; $GLD

GMI1/6
GMI-23/9
T210820%

Only 39 US stocks hit new highs on Tuesday and there were more new lows than highs. I remain on the sidelines with a small position in GLD, which has closed above all of its shorter averages (red lines) and may be starting a daily RWB up-trend.

 

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