%% DOW theory has the uptrend up by NOV 1st. but i seldom trade DOW +DIA, LOL. I told that younger trader i wanted to move[break even] the 200 day moving average on QQQ,today, but I dont like to cheat on moving averages, or break even. I would have given it more time to profit; but bigger sell volume around 200 dma- that means something to me......
%% One trader drew a bunch of downward sloping lines,[ like raindrops//lines] not really trendlines, but turned out to be an early warning signal for 200 day moving average.I started to tell him a trendline requires 2 or more points , but decided against telling him that LOL.