Blog Post: Day 10 of $QQQ short term up-trend; 10:30 weekly chart shows that $QQQ remains in a Stage 2 up-trend after a brief head fake, see chart and a confession

@ 11:01 pm
GMI5/6
GMI-26/9
T210857%

QQQ dipped below the 30 week average and then climbed back above it and the 10 week average (dotted line). I got scared out, instead of waiting for the 30 week average to curve down. That is the signal I waited for before successfully exiting at the beginning of large declines. Nearing retirement, I get spooked more easily these days. QQQ remains in a Stage 2 up-trend. Gray solid line is the weekly close.

1 thought on “Blog Post: Day 10 of $QQQ short term up-trend; 10:30 weekly chart shows that $QQQ remains in a Stage 2 up-trend after a brief head fake, see chart and a confession”

  1. Must follow the plan always. But better safe than sorry. AKA shoot first ask questions later. AKA better to be out and wanting to be in than being in and wanting to be out. AKA you can always get back in. Etc. pp.

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