Blog Post: Day 23 of $QQQ short term down-trend; $GLD has been in a daily RWB up-trend since January, see daily modified Guppy chart - The Legend of Hanuman

Blog Post: Day 23 of $QQQ short term down-trend; $GLD has been in a daily RWB up-trend since January, see daily modified Guppy chart


We really should look at the daily and weekly modified Guppy chart before buying or selling anything. A RWB up-trend is when the 6 shorter term averages (red) are rising above the longer term averages (blue) so that there is a white band separating them. The dotted ine is the daily or weekly close, depending on the time frame charted.

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