Blog Post: Happy New Year! 10:30 weekly charts shows $QQQ, $SPY and $DIA remain in a Stage 2 up-trend, see chart for $QQQ; GMI remains Green and is at 6 (of 6)


As long as the index is rising above its 30 week average (red line) and the 10 week average (dotted line) is above the 30 week average, then the index remains in an up-trend. I do not try to predict, only to determine the market’s current trend. The gray solid line is the weekly close.

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