$SPY approaching resistance–double bottom?

Friday, November 30, 2018 @ 6:31 am by Dr. Wish

GMI1/6

GMI-24/9

T210841%

This daily Guppy chart shows SPY approaching all of the longer moving averages (blue lines). SPY remains in a BWR pattern. Is it a double bottom?

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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	$168.26	383.64%
META	1/23/24	$384.33	$565.11	47.04%
APP	9/17/24	$116.09	$319.59	175.30%
COST	12/11/23	$615.27	$960.89	56.17%
GDDY	11/22/23	$93.75	$197.43	110.59%
WING	11/15/23	$223.77	$337.16	50.67%
CAVA	4/22/24	$58.10	$142.54	145.34%
CAH	11/3/23	$95.45	$121.77	27.57%
PGR	10/13/23	$149.87	$265.88	77.41%
ANF	12/18/23	$85.77	$154.50	80.13%
MPTI	10/9/23	$21.00	$66.07	214.62%
PANW	8/21/23	$213.61	$386.38	80.88%
NVO	8/8/23	$86.49	$104.56	20.89%
CBOE	8/4/23	$138.54	$214.13	54.56%
VST	8/4/23	$27.96	$154.14	451.29%
MOD	8/3/23	$37.62	$137.40	265.23%
VRT	8/2/23	$28.80	$132.03	358.44%
PSN	8/2/23	$50.15	$96.73	92.88%
PHM	4/25/23	$63.90	$137.65	115.41%
CRS	4/23/24	$79.66	$195.09	144.90%
IBKR	2/9/24	$95.59	$190.98	99.79%
BX	10/11/24	$149.78	$193.12	28.94%

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