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

GMI0/6
GMI-21/8
T210824%

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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