Blog post: Day 34 of $QQQ short term down-trend; major indexes reversed up off of lower daily 2.15 Bollinger Band, likely leading to brief advance, see chart


The bounce Thursday was just like the prior reversals shown with arrows and green price bars. Note that these recent bounces held for a short time only. Upper Bollinger Band is at 369.32 and would have to be penetrated to suggest to me a significant turn.


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