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Blog Post: Day 11 of $QQQ short term down-trend; GMI=2 and could turn RED on Monday; my 10:30 weekly chart of $QQQ below tells the story
The 10:30 weekly chart shows that QQQ is now sitting on its rising 30 week average (solid red line). This is still a Stage 2 up-trend. The gray line shows the weekly closes. The longer term up-trend remains intact until the 10 week average (dotted line) crosses below the 30 week average. However, the first…
