The GMI remains positive, at 4. We are near support and if the market breaks down, my indicators will turn negative.
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13th day of QQQ short term up-trend; T2108 overbought
With the T2108 at 85%, we are near the extreme overbought level that this indicator ever reaches. It looks like HITK broke out on Thursday with high volume. I bought some. See the weekly chart below. Click on chart to enlarge.
