Blog Post: Day 41 of $QQQ short term down-trend; 27 US highs, 5 lows and 10 ATHs; $QQQ remains in a Stage 4 decline and a daily BWR down-trend, see daily Guppy chart and description - The Legend of Hanuman

Blog Post: Day 41 of $QQQ short term down-trend; 27 US highs, 5 lows and 10 ATHs; $QQQ remains in a Stage 4 decline and a daily BWR down-trend, see daily Guppy chart and description


It will take time to learn whether the April bottom will hold. When the GMI turns Green, I will consider long positions again. The dotted line in the chart below is the daily close. The red lines are the shorter daily averages and the blue lines are the longer term daily averages.  BWR= red lines below blue lines with a white space separating them.

Screenshot 2025 04 23 at 11.04.51 PM
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