Blog Post: Day 2 of $QQQ short term uptrend and GMI flashes GREEN; $QQQ back in Stage 2, above 10 and 30 week averages; see list of 27 stocks that reached an ATH on Friday, 2 had GLB on Friday, see daily charts

@ 8:48 pm
GMI5/6
GMI-27/9
T210855%

My 10:30 weekly chart shows that QQQ has regained strength and is riding above its 10 and 30 week averages.

When  the market has been weak, it is easier to find leaders in the all-time high (ATH) list. Check out this list of 27. GVA and BX had a GLB on Friday

 

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Blog Post: Day 6 of $QQQ short term down-trend, it could end Thursday; Out of $SQQQ. $QQQ had a high volume rise and blue dot over sold bounce.

@ 11:59 pm
GMI2/6
GMI-25/9
T210840%

Time to be out of SQQQ and to nibble at TQQQ. QQQ short term trend could turn up by Thursday’s close. I have to be nimble to catch the changing trend. Note the accumulation day on Wednesday. Only 38%  of my new class of 130 students thought QQQ would rise this week.  Learning what a contrarian indicator is.

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