Nasdaq-100 Index Tracking ETF (QQQ) daily
Since mid-June, the uptrends are longer and the downtrends shorter, a clear sign of bullishness.
Let's look at positive and negative trend elements for the short-term:
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- Heikin-Ashi candles are white, above the MA7 with a positive slope.
- The close is 5.72% above the trailing-stop.
(-)
- haDelta turns below its short average.
- haOscillator is pointing downwards, with a failure to advance above its average (dotted line).

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Tech sector ETF (XLK) daily
Let's look at positive and negative trend elements for the short-term:
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- Heikin-Ashi candles are white, above the MA7 with a positive slope.
- The close is 6.21% above the trailing-stop.
(-)
- haDelta turns below its short average.
(!+)
- haOscillator is flat, above the 50-line.

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UltraPro Short QQQ ETF (SQQQ) daily
We identify positive and negative trend elements for the short-term:
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- Heikin-Ashi reversal doji.
- haDelta turns above its short average.
- haOscillator is rising above its average (dotted line).
(-)
- Heikin-Ashi candles are red, below the MA7 with a negative slope.
- The close is 26.73% below the buy-stop.

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US Dollar Fund ETF (UUP) daily
The US Dollar performs well in a risk-off environment and signs of its strength anticipate a market pullback.
Let's look at positive and negative trend elements for the short-term:
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- The last Heikin-Ashi candle is white and above its MA7 with a positive slope.
- haDelta turns above its short average.
- haOscillator is bullish, rising above its average (dotted line).
(-)
- Heikin-Ashi candle is still below the buy-stop that acts as resistance.
(!+)
- The close is 0.46% below the buy-stop.

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The takeaway
All four Heikin-Ashi charts point to a market top very soon.
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