Blg Post: Day 33 of $QQQ short term down-trend; $QQQ’s 10 week average has crossed below its 30 week average, see weekly chart. Beware this likely ominous change in the longer term trend.


Indicators

  • GMI: 1/6
  • GMI-2: 0/9
  • T2108: 21%

This chart shows Monday’s close as this week’s close. The cross will be more impressive if it does hold through Friday’s close.

Screenshot

The post Blg Post: Day 33 of $QQQ short term down-trend; $QQQ’s 10 week average has crossed below its 30 week average, see weekly chart. Beware this likely ominous change in the longer term trend. first appeared on Wishing Wealth Blog.



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