Blog: Day 20 of $QQQ short term down-trend; GMI=2, see table; QQQ is below its 4wk and 10wk average but is holding its critical 30 wk average, see weekly chart.

IndicatorsGMI: 2/6GMI-2: 3/9T2108: 46%This week is critical for telling us whether QQQ will hold. It remains in a Stage 2 up-trend, above its rising 30 week average. But it may retest its last green line break-out at 637.01. A weekly close below that level would be a major sign of weakness. A GMI of 2 ... Read more The post Blog: Day 20 of $QQQ short term down-trend; GMI=2, see table; QQQ is below…