Blog Post: Day 3 of $QQQ short term up-trend; $GLD risng as US dollar ($UUP) remains in a swooning BWR down-trend and $GLD is in an RWB up-trend, see daily adapted Guppy charts. Fed to lower rates? Buying a little TQQQ.

Perhaps the Fed is going to lower rates again. The dollar is acting like rates are coming down. When interest rates fall, people sell dollars and buy gold. I am slowly buying some TQQQ as the QQQ short term up-trend has now lasted 3 days. I am much more confident of a new up-trend, however, when it reaches Day 5. Buying TQQQ during a new short term up-trend is difficult because I question whether the recent down-trend is really over. So I buy a little and hold my breath, ever ready to exit or add more.

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