Blog post: Day 7 of $QQQ short term down-trend; Things looking ominous again

Thursday, April 21, 2022 @ 5:34 pm by Dr. Wish

GMI2/6

GMI-23/9

T210850%

The major indexes had failed rally attempts. This “naked” chart shows the QQQ 10 week average declining below the declining 30 week average. Not a good sign. Cash is still the best position for me now.

Related

1 thought on “Blog post: Day 7 of $QQQ short term down-trend; Things looking ominous again”

Dinesh Agrawal (@dineshagrawal)

Thursday, April 21, 2022 at 6:40 pm

Are you buying/holding SQQQ?

Loading...

Leave a ReplyCancel reply

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

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	$129.77	273.01%
META	1/23/24	$384.33	$603.54	57.04%
APP	9/17/24	$116.09	$343.81	196.16%
COST	12/11/23	$615.27	$954.00	55.05%
GDDY	11/22/23	$93.75	$206.56	120.33%
WING	11/15/23	$223.77	$291.73	30.37%
CAVA	4/22/24	$58.10	$116.63	100.74%
CAH	11/3/23	$95.45	$119.00	24.67%
PGR	10/13/23	$149.87	$242.63	61.89%
ANF	12/18/23	$85.77	$153.55	79.03%
MPTI	10/9/23	$21.00	$50.26	139.33%
PANW	8/21/23	$213.61	$188.37	-11.82%
NVO	8/8/23	$86.49	$87.87	1.60%
CBOE	8/4/23	$138.54	$195.73	41.28%
VST	8/4/23	$27.96	$143.26	412.37%
MOD	8/3/23	$37.62	$120.71	220.87%
VRT	8/2/23	$28.80	$119.28	314.17%
PSN	8/2/23	$50.15	$93.34	86.12%
PHM	4/25/23	$63.90	$110.78	73.36%
CRS	4/23/24	$79.66	$174.25	118.74%
IBKR	2/9/24	$95.59	$180.67	89.01%
BX	10/11/24	$149.78	$176.49	17.83%