Blog Post: Day 13 of $QQQ short term up-trend; GMI= Green and 6 (of 6); GLB and green dot called recent advance of $IBIT, see daily chart and monthly chart with flag pattern.

@ 9:35 pm
GMI6/6
GMI-27/9
T210858%

The start of the recent advance in bitcoin was marked by an unusually high volume green line break-out (GLB) and a green dot showing a Stochastic 10.4 and 10.4.4 crossover. I noted when it happened that it looked like a promising “flag” pattern, see monthly chart. The “N” designates a note I entered in TC2000 on the daily chart.

 

 

The GMI is strong. My set-ups, focusing on stocks at or near recent ATHs, work best when the GMI registers 6.
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