Daily modified GMMA chart clearly shows when trading growth is more profitable–when there is a daily RWB up-trend pattern

GMI5/6
GMI-27/8
T210869%

RWB up-trend pattern=shorter term averages (red) rising well above rising longer term averages (blue). Dotted line is daily close and leads all averages. Current QQQ market remains in a lateral trading range until it breaks up or down and forms a consistent RWB or BWR pattern (see BWR down-trend last March). Much more difficult to make money now by buying growth stocks.

 

 

 

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.