With a new QQQ short term up-trend in place, I bought a little TQQQ. I will add to my position if this up-trend lasts 5 days. This weekly chart shows that QQQ has held its October bottom, at least for now. And its 30 week average (red solid line) is leveling off. This market may really turn up. But better to wait for the definitive signal than to anticipate one before it develops.
The SPY looks to be above 30 wk MA and so does DJIA. Do you only look at QQQ to signal a momentum shift?
Please..no questions here