1 thought on “Blog Post: Day 2 of $QQQ short term up-trend, but GMI still RED; $QQQ up against its descending trend line, see daily chart”
The SP500 and DJIA have already broken above the same resistance line. They are leading the Nasdaq. Market is in a new downtrend though we are in a major upswing within that. And right now we’re overbought so need to wait for a small pullback before buying in.
The SP500 and DJIA have already broken above the same resistance line. They are leading the Nasdaq. Market is in a new downtrend though we are in a major upswing within that. And right now we’re overbought so need to wait for a small pullback before buying in.