AMZN could be entering a Stage IV decline. Its yellowband pattern is currently over and it has only advanced 3 of the past 10 weeks. A major decline in AMZN might be a bad omen for the general market…..
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July GLB $AAAP climbs on high volume; 2nd day of $QQQ short term down-trend
This new down-trend could end with a good day on Thursday. The QQQ regained key averages on Wednesday but it better hold today. Note the T2108 is now at 70.
$AAAP showing renewed strength on unusual volume after its July GLB. It is already up +50% from its GLB.
