By A Mystery Man Writer
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.
Finding Next Generation Growth Stocks (QQQJ) and Understanding the Momentum Effect –
Blog Post: Day 29 of $QQQ short term up-trend; 120 US new highs and 8 lows, 45 at ATH; While many people fear the market this is exactly the time I enter;
Blog Post: $QQQ short term down-trend could end Monday, the GMI is Green, Mr. Market appears to be getting ready to rally, compare current pattern with 10:30 weekly charts of bottoms in
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
The Changing of Guard… 3-4-24 SPY/ ES Futures, QQQ/ NQ Futures, 10YR Yield, and DXY/ US Dollar Daily Market Analysis : r/FuturesTrading
NASDAQ 100 Signal Says QQQ Could Post Impressive Multi-Year Gains
Blog Post: Day 34 of $QQQ short term up-trend; $ANF, an amazing pattern of an advancing growth stock, see weekly chart and explanation of this technical pattern, also $GCT
Blog post: Dead cat bounce? $QQQ, $DIA and $SPY had large volume declines last hour and last 5 minutes on Tuesday
Blog Post: Day 11 of $QQQ short term up-trend; MACD hourly histograms reveal weakening in $QQQ, $SPY and $DIA