Blog Post: Day 69 of $QQQ short term up-trend; Support has held with a Blue Dot and the short term up-trend continues, for now; see daily chart and my strategy..

The blue dot and bounce up off of the lower 15.2 daily Bollinger Band pattern contained the decline like it did on June 23, at least for now. See my recent presentation at Day 6 of the TraderLion Conference 25 for an explanation of the Blue Dot of Happiness setup. The GMI rose to 5 (of 6). I held my breath and nibbled at TQQQ near the close. Because it is near the bounce, I will have a small loss if the bounce fails. If the up-trend continues I will gradually accumulate TQQQ.