Blog Post: Day 4 of $QQQ short term down-trend; $QQQ flat, see modified daily Guppy chart. Will people take their capital gains in January? GMI-2=2.
The short and longer term averages have converged. We need to see which way QQQ will break. Keep in mind that many investors may delay selling and taking their taxable capital gains until early January. Note the extra sensitive GMI-2=2.
