Blog Post: Day 70 of $QQQ short term up-trend but bounce is weak with QQQ back below 8EMA, back in cash.

August 6, 2025 by Projesh Kar

Indicators

GMI: 5/6
GMI-2: 3/9
T2108: 46%

Only 29% of Nasdaq 100 stocks rose on Tuesday. I sold my small position in TQQQ and will wait for a QQQ short term down-trend to consider buying SQQQ.

The post Blog Post: Day 70 of $QQQ short term up-trend but bounce is weak with QQQ back below 8EMA, back in cash. first appeared on Wishing Wealth Blog.

Projesh Kar

I am a passionate blogger with extensive experience in web design. As a seasoned YouTube SEO expert, I have helped numerous creators optimize their content for maximum visibility.

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