18th day of $QQQ short term up-trend; $TASR-picture perfect!

GMI

3/6

GMI-2

3/8

What is the GMI?
 

WORDEN T2108

45%

My market indicators are quickly deteriorating.  QQQ sold off on large volume and re-entered its channel.  I am getting very defensive.

One of my only holdings is TASR, which has broken its green line top from December 2004. TASR hit a new all-time high on Tuesday. A lot of police are going to be wearing their cameras. My stock buddy Judy has been talking about TASR for quite a while. Having gone vertical, it may be extended.

TASR05052015

 

17th day of $QQQ short term up-trend

GMI

3/6

GMI-2

7/8

What is the GMI?
 

WORDEN T2108

53%

Critical test for $QQQ this week

GMI

3/6

GMI-2

6/8

What is the GMI?
 

WORDEN T2108

51%

The QQQ just closed back above its recent channel. If it doesn’t hold, look out below!

QQQ05012015Meanwhile the GMI is at 3 (of 6).

GMI05012015

15th day of $QQQ short term up-trend; QQQ fails break-out

GMI

3/6

GMI-2

4/8

What is the GMI?
 

WORDEN T2108

46%

The QQQ fell back into its channel, an ominous sign.  I am hedging my few long positions with SQQQ.  This market could get ugly.

QQQ04302015

14th day of $QQQ short term up-trend

GMI

4/6

GMI-2

7/8

What is the GMI?
 

WORDEN T2108

57%

Failure of AAPL to maintain rise after earnings is troubling sign for the market. Getting very defensive.

AAPL04292015

13th day of $QQQ short term up-trend

GMI

4/6

GMI-2

7/8

What is the GMI?
 

WORDEN T2108

63%

12th day of $QQQ short term up-trend

GMI

5/6

GMI-2

8/8

What is the GMI?
 

WORDEN T2108

59%

Rotation out of bio-techs?

11th day of $QQQ short term up-trend

GMI

6/6

GMI-2

8/8

What is the GMI?
 

WORDEN T2108

62%

IBD now sees the market back in a confirmed up-trend. The GMI remains on a Buy signal since January 23rd. All of my component indicators are positive.

GMI04242015

10th day of $QQQ short term up-trend; QQQ breaks-out

GMI

6/6

GMI-2

7/8

What is the GMI?
 

WORDEN T2108

64%

Helped by AAPL, the QQQ broke out of its channel on Thursday.

QQQ04232015AAPL04232015

9th day of $QQQ short term up-trend; channel break-out?

GMI

6/6

GMI-2

7/8

What is the GMI?
 

WORDEN T2108

60%

Will QQQ hold channel break-out?

QQQ04222015



© Copyright 2015 Wishing Wealth Blog . Thanks for visiting!