6th day of $QQQ short term down-trend; Can $QQQ and $SPY head towards daily RWB?


A close of QQQ today above 185.14 would put QQQ back above all 12 daily moving averages and may suggest the start of a new RWB up-trend. Dotted line is daily close. Daily RWB= red white and blue up-trend with all shorter daily averages (red lines) above all longer daily averages (blue lines). Stay tuned.

Similar level for SPY is a close above 287.72.

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