4th day of $QQQ short term up-trend Monday, February 9, 2015 @ 9:06 pm by Dr. Wish GMI4/6 GMI-25/9 T210860% Markets remain range bound. With moving averages pretty flat, the market remains prone to whip-saws.
2nd day of $QQQ short term up-trend; channel break-out? Thursday, February 5, 2015 @ 8:33 pm by Dr. Wish GMI4/6 GMI-27/9 T210867% It looks to me like the DIA and SPY broke out of their channels on Thursday. Is the QQQ next? The QQQ is lagging–for now:
New $QQQ short term up-trend, channel intact Wednesday, February 4, 2015 @ 9:04 pm by Dr. Wish GMI5/6 GMI-26/9 T210858% My indicators have never been whip-sawed so much. With the QQQ in a channel, I do not believe this new short term up-trend is valid. We shall see. Meanwhile, the GMI Buy signal remains in place.