Blog Post: Day 1 of new $QQQ short term down-trend; But 10 growth stocks did reach an ATH, see list; Of note, $JPM reached an ATH last week but closed just below its green line peak of $172.96


Stocks on my recent IBD/MS watchlists, sorted by last column, close /close 250 days ago. KGS was a recent IPO in 6/23.

The GMI, at 3,  still signifies a longer term up-trend. However, within this up-trend, QQQ has begun a short term down-trend. About 40% of these short term down-trends end within 5 days. If QQQ’s short term down-trend persists I may gradually accumulate some SQQQ.

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