Blog post: Day 2 of $QQQ short term down-trend; 323 US lows and 19 highs; QQQ entering daily BWR down-trend, see chart; See you on Saturday?

GMI1/6
GMI-21/9
T210828%

In this daily chart, all of the red lines are declining below all of the blue lines with a white space between them= BWR decline. This is the time for me to be mainly in cash. Remember to catch my presentation on Saturday at 2:40 pm EST at the third day of the TraderLion 2022 conference. The recordings of presentations from all days are also available on their site. The link to Saturday’s program is here.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.