Blog Post: Day 5 of $QQQ short term down-trend; More US new lows than highs–75 lows and 68 highs; In cash or $SQQQ in my trading account; Daily RWB up-trend is over, see my adapted Guppy chart


The white space between the red shorter averages and the blue longer term averages is gone. The RWB up-trend is over. Will it turn into a BWR down-trend? Note that during an RWB up-trend the closing daily prices (dotted line) tend to be above all of the averages. It is almost below all of the averages now.

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