Blog Post: Day 41 of $QQQ short term up-trend, GMI declines to 4
By A Mystery Man Writer
Description
A stong advance is evident when the 4wk>10wk>30 average and the stock continually climbs above the 4 wk average. It is clear from this chart that QQQ is now below the 4 wk average (red dotted line). If it closes the week below, it suggests to me that the recent up-trend is over for now.
![Blog Post: Day 41 of $QQQ short term up-trend, GMI declines to 4](https://substackcdn.com/image/fetch/f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F40d96ee0-30e9-42ab-9393-578cdd88adf6_1429x895.png)
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