Counter trend rally continues. GMI moves to 4 and could issue a Buy signal by Wednesday’s close.
All Posts
10th day of $QQQ short term down-trend; counter-trend rally
Let’s see how long this counter-trend rally can go. Here is the daily chart of QQQ:
8th day of $QQQ short term down-trend, riding $SQQQ
On sidelines mainly in cash, with a little SQQQ (3X leveraged inverse ETF of QQQ). See daily chart of SQQQ below–it rises as QQQ falls.
