73rd day of $QQQ short term up-trend; $QQQ just below 4 wk avg Tuesday, January 28, 2020 @ 10:11 pm by Dr. Wish GMI6/6 GMI-23/9 T210848% QQQ hasn’t closed below its 4wk avg. (pink dotted line) since this rally began in October. It will be a sign of technical weakness if QQQ closes the week below this important average.
GMI declines to 4 (of 6); 72nd day of $QQQ short term up-trend Monday, January 27, 2020 @ 9:22 pm by Dr. Wish GMI4/6 GMI-22/9 T210845%
Since 2006, only 6 of 94 $QQQ short term up-trends have lasted 70-88 days; Current count = Day 70 Thursday, January 23, 2020 @ 10:03 pm by Dr. Wish GMI6/6 GMI-27/9 T210860%