Blog post: Day 1 of $QQQ short term down-trend; holding $SQQQ and cash; see BWR patterns in hourly charts for $QQQ, $AAPL, $SPY and GMMA video


I usually look at the adapted GMMA daily and weekly charts to see the trend of the market or individual equities. However, for timing entries and exits, the hourly GMMA may prove useful.  Check out the clear hourly blue-white-red (BWR) down-trends in  QQQ

and AAPL and SPY.

My former student, Richard Moglen, has a tutorial for creating GMMA charts in TC2000.

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