Blog Post: Day 41 of $QQQ short term up-trend, GMI declines to 4 (of 6); After 9 straight weeks above, $QQQ is now below its 4 wk average, see weekly chart
$ 16.99 · 4.5 (761) · 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.
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Blog Post: Happy New Year! 10:30 weekly charts shows $QQQ, $SPY and $DIA remain in a Stage 2 up-trend, see chart for $QQQ; GMI remains Green and is at 6 (of 6)
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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
Gap Up Again! QQQ approaches Highs
A Possible Bounce In QQQ ETF; TQQQ Less Attractive For Day Trading
If dcaing, it makes a lot more sense to short sqqq than long tqqq : r/LETFs