Blog Post: Day 70 of $QQQ short term up-trend but bounce is weak with QQQ back below 8EMA, back in cash.


Indicators

  • GMI: 5/6
  • GMI-2: 3/9
  • T2108: 46%

Only 29% of Nasdaq 100 stocks rose on Tuesday. I sold my small position in TQQQ and will wait for a QQQ short term down-trend to consider buying SQQQ.

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The post Blog Post: Day 70 of $QQQ short term up-trend but bounce is weak with QQQ back below 8EMA, back in cash. first appeared on Wishing Wealth Blog.



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