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Blog Post: Day 7 of $QQQ short term down-trend; GMI =2, could turn RED Friday; $QQQ enters daily BWR down-trend, see modified Guppy chart; cash is king!
The shorter averages (red) are now declining below the longer averages (blue) with a white space between them. Hence the BWR down-trend. The dotted line is the daily close. Time to be on the sidelines in my trading accounts. My university retirement funds remain in mutual funds, for now. Screenshot Related Source link
