Indexes below 30 week avg; 2nd day of $QQQ short term down-trend

Tuesday, April 24, 2018 @ 10:18 pm by Dr. Wish

GMI3/6

GMI-22/9

T210849%

DIA, SPY and QQQ now below their 30 week averages (solid red line)–extreme technical weakness.

1 thought on “Indexes below 30 week avg; 2nd day of $QQQ short term down-trend”

dave b

Wednesday, April 25, 2018 at 3:47 pm

on apr 18 you said the gmi turned green, yet your blog today (4/25) sez gmi has been red since mar 23. why the contradiction?

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Selected stocks that have had a successful recent Green Line Breakout (GLB). One can really profit by buying stocks breaking out to all-time highs after a consolidation of 3 months or more, my GLB Setup.

Sym.	Date	GLB $	Now $	Chg.
FTAI	10/26/23	$34.79	$165.50	375.71%
META	1/23/24	$384.33	$597.29	55.41%
APP	9/17/24	$116.09	$320.63	176.19%
COST	12/11/23	$615.27	$918.85	49.34%
GDDY	11/22/23	$93.75	$196.52	109.62%
WING	11/15/23	$223.77	$276.03	23.35%
CAVA	4/22/24	$58.10	$111.10	91.22%
CAH	11/3/23	$95.45	$121.28	27.06%
PGR	10/13/23	$149.87	$234.71	56.61%
ANF	12/18/23	$85.77	$131.56	53.39%
MPTI	10/9/23	$21.00	$51.37	144.62%
AGX	9/6/24	$76.70	$167.32	118.15%
SFM	1/29/24	$49.45	$140.39	183.90%
CBOE	8/4/23	$138.54	$192.29	38.80%
VST	8/4/23	$27.96	$172.81	518.06%
MOD	8/3/23	$37.62	$121.24	222.28%
VRT	8/2/23	$28.80	$127.15	341.49%
PSN	8/2/23	$50.15	$94.26	87.96%
PHM	4/25/23	$63.90	$110.68	73.21%
CRS	4/23/24	$79.66	$197.41	147.82%
IBKR	2/9/24	$95.59	$183.89	92.37%
BX	10/11/24	$149.78	$166.83	11.38%

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1 thought on “Indexes below 30 week avg; 2nd day of $QQQ short term down-trend”

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