4.8 (309) In stock
A stong advance is evident when the 4wk>10wk>30 average and the stock continually climbs above the 4 wk average. It is clear from this chart that QQQ is now below the 4 wk average (red dotted line). If it closes the week below, it suggests to me that the recent up-trend is over for now.
Blog Post: Day 47 of $QQQ short term up-trend, Monday will tell us if this short term up-trend has ended; the GMI is still Green
QQQ Outperforms DIA: Time To Be Cautious And Flexible
Blog Post: Day 2 of $QQQ short term up-trend, but GMI still RED; $QQQ up against its descending trend line, see daily chart
Trade Analysis: QQQ (August 15, 2022)
Investing Money Blogs: HOW DOES THE STOCK MARKET WORK?
Blog Post: Day 26 of $QQQ short term up-trend; 41 US new highs and 222 new lows; hourly modified GMMA chart reveals BWR decline of $QQQ
Blog post: Day 41 of $QQQ short term down-trend; With “Sell in May” almost here and T2108=31, I think the selling panic is yet to come, see monthly charts
Blog post: Put/call ratio=1.08 suggesting short term bottom; 5 new highs and 1,308 new lows; $GLD has daily RWB up-trend; get the free recording of my AAII seminar Tuesday evening
Consecutive Up or Down Days, NASDAQ 100 Edition - QUSMA
Blog Post: Day 44 of $QQQ short term up-trend; $QQQ has black dot, oversold bounce, see daily chart and list of 16 strong stocks that had a black dot on Tuesday
Qullamaggie Stream Notes: 1 December 2023 - by Kay Klingson
Blog Post: Day 13 of $QQQ short term down-trend; weekly chart of $DIA suggests re-test of last June's lows; how to discern a market bottom–it's easy with a weekly 10:30 chart!
Moving Averages Month-End Preview: February 2024 - dshort - Advisor Perspectives
Blog Post: Day 41 of $QQQ short term up-trend; 143 US new highs, 26 lows and 63 ATHs; Window dressing upon us–beware, $QQQ, $SPY have black dots, see charts
Blog post: GMI= 6 (of 6) and Day 8 of $QQQ short term up-trend; 10/30 weekly naked chart reveals index and stock trends
