Blog Post: Day 59 of $QQQ short term up-trend; $CLS came up on my GLB/bounce daily 8 EMA scan, see daily and weekly charts. I will discuss this scan at the TraderLion conference this weekend.

CLS had a recent GLB to an ATH, has not closed below its daily 8 EMA since then and bounced up off of that average on Monday. Let’s see if the bounce holds. Also note its weekly chart with CLS trending with  the 4 wk average, a confirming sign of strength. I will describe how I trade this setup at the TraderLion conference this weekend.

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