Blog Post: Day 14 of $QQQ short term up-trend; 50 US new highs and 285 new lows; $GLD is approaching GLB, see its monthly chart

Indicators

  • GMI: 5/6
  • GMI-2: 6/9
  • T2108: 32%

The green line ATH is at 194.45 set in 2020.  GLD may eventually break out of its 3 year consolidation. There may be a lot of sellers around the old peak. I will therefore wait for it to break out to an ATH on above average volume.

The post Blog Post: Day 14 of $QQQ short term up-trend; 50 US new highs and 285 new lows; $GLD is approaching GLB, see its monthly chart first appeared on Wishing Wealth Blog.