Blog Post: Day 41 of $QQQ short term up-trend, GMI declines to 4 (of 6); After 9 straight weeks above, $QQQ is now below its 4 wk average, see weekly chart

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.

56th day of $QQQ short term up-trend, among longest 16% since 2006

If dcaing, it makes a lot more sense to short sqqq than long tqqq : r/LETFs

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Educating you on how my algo “TQQQ For The Long Term” works. : u/derecknielsen