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

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.

Gap Up Again! QQQ approaches Highs

Investing Money Blogs: HOW DOES THE STOCK MARKET WORK?

QQQ: Further Upside Is Likely (Technical Analysis) (NASDAQ:QQQ)

Blog Post: Day 39 of $QQQ short term up-trend; GMI declines to 4; list of 9 stocks that passed my weekly green bar scan–includes $AAPL, see chart; window dressing upon us?

Pullback Imminent For Nasdaq 100: Outlining Four Potential Scenarios For The QQQ - Netflix (NASDAQ:NFLX) - Benzinga

Pullback Imminent For Nasdaq 100: Outlining Four Potential Scenarios For The QQQ - Netflix (NASDAQ:NFLX) - Benzinga

Pullback Imminent For Nasdaq 100: Outlining Four Potential Scenarios For The QQQ - Netflix (NASDAQ:NFLX) - Benzinga

Investing Money Blogs: HOW DOES THE STOCK MARKET WORK?

Investing Money Blogs: HOW DOES THE STOCK MARKET WORK?

TQQQ Works Great At A Major Bottom, But Is Rotten Near A Market Top

A Possible Bounce In QQQ ETF; TQQQ Less Attractive For Day Trading