Skip to content

Wishing Wealth Blog

Stock Market Technical Indicators & Analysis

  • Home
  • About
    • Disclaimer
    • Contact
  • Recommended Reading
  • Topics
    • General Market Index (GMI) table
    • Nicolas Darvas
    • My Favorite Posts
    • Tutorial
    • UMDSMC Education Posts
    • Video blog
  • Webinars
    • 2026-04 MoneyShow Virtual Booths
    • TraderLion 25 Annual Conference
    • 2025-07-17 Long Island Traders Meetup
    • Boston IBD Meetup, May 21, 2025
    • 01/2024 NoVA IBD Meetup
    • AAII
      • Eastern Michigan – 01/2022
      • Research Triangle – 12/2021
    • 2021 TraderLion Presentation
    • 2022 TraderLion Webinar
    • TC2000 User Group – December 2012
    • 2012 Houston TC2000 Webinar
    • Doctor’s Orders – August 2010
    • A Word from Dr. Wish – April 2010
    • Other Dr. Wish Videos…
  • Glossary
  • $25 Coupon for TC2000

Dr. Wish

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.

 

1 Comment

Blog Post: Bullish sign-$DIA retakes 30 week average, see weekly chart

Wednesday, April 20, 2022 @ 10:23 pm by Dr. Wish
GMI3/6
GMI-23/9
T210857%

1 Comment

Blog post: Who in their right mind would have been caught in the $NFLX collapse? Stage 4 since January!!! and failed GLB, see weekly chart

Tuesday, April 19, 2022 @ 8:35 pm by Dr. Wish
GMI3/6
GMI-21/9
T210854%

Stocks matter! Look at the high volume selling and the failed GLB!

1 Comment
Older posts
Newer posts
← Previous Page1 … Page258 Page259 Page260 Page261 Page262 Page263 Page264 … Page1,560 Next →

Current GMI Signal

RED

since close on JUL 20, 2026

Successful GLBTracker

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.DateGLB $Now $Chg.
ENLT6/18/25$20.44$91.33346.82%
SFM1/29/24$49.45$76.8455.39%
CRS4/23/24$79.66$580.25628.41%
AGX9/6/24$76.70$542.52607.33%
BTSG9/9/25$25.57$71.98181.50%
APP9/17/24$116.09$412.73255.53%
EAT10/1/24$78.33$195.44149.51%
PLTR11/5/24$44.91$131.53192.87%
ALMS1/6/26$13.53$27.08100.15%
BE8/22/25$44.95$188.18318.64%
CLS5/1/25$87.00$318.24265.79%
RGC5/1/25$1.55$5.83276.13%
CCJ6/9/25$62.55$89.3542.85%
RHLD8/12/25$54.05$128.76138.22%
GEV5/20/25$447.50$996.57122.70%
CLS6/25/25$144.27$318.24120.59%
MIRM8/7/2025$54.23$114.20110.58%
CCJ6/9/25$62.55$89.3542.85%
WDC9/4/25$86.66$497.92474.57%
SNDK9/4/25$58.36$1,278.232090.25%
STX6/3/2025$117.67$816.99594.31%
TTMI6/3/25$30.41$123.71306.81%
MU9/29/25$157.54$900.20471.41%
INBX7/8/25$18.95$82.45335.09%
SPHR9/11/25$56.08$139.95149.55%
FIX7/24/25$553.09$1,730.42212.86%
MU9/25/25$157.54$900.20471.41%

Indicators in your Inbox

Get new posts by email:
PopularMost DiscussedRecent
  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
  • The new 3x ETF’s–triple your pleasure — or pain
  • In the hospital. Will resume posting next week. Thank you for your patience.
  • How I use put options as investment insurance
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • So, Wishing Wealth Reader, Tell Us About Yourself…
  • Blog post: David, my co-presenter, brilliant colleague of 20+ years died in a freak accident on 2/18; Day 35 of $QQQ short term down-trend; 15 promising stocks to monitor
  • Blog: Modified Daily Guppy chart shows the current trend for $QQQ. QQQ is very oversold with Friday’s SFS (super fast stochastic) below 10. So QQQ may bounce this week. GMI remains RED, however. See Guppy charts for QQQ, AAPL, JNJ and the GMI table.
  • Blog: Day 14 of $QQQ short term down-trend; UGA, the U.S. gasoline fund had an ATH today and a GLB last March. See weekly and monthly charts.
  • Blog: Day 13 of $QQQ short term down-trend; TESLA and GOOGL had BWR down-trends in their daily modified Guppy charts and swooned tonight. A BWR down-trend may predict bad earnings news. See their charts and NFLX.
  • Blog: Day 12 of $QQQ short term down-trend; there was a blue dot oversold bounce on Friday setting up the recent rally, see daily chart; the GMI flashes RED.
  • Blog: Day 11 of $QQQ short term down-trend; GMI=1 and could flash Red Tuesday. This modified daily Guppy chart clearly contrasts the current market environment with that during the wonderful May rally. I am mainly in cash in my trading accounts.

Blogroll

  • Barchart All-Time Highs
  • Blue Collar Investor
  • CNNMoney: Pre-market Futures
  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

Recommended Reading

QQQ and TQQQ ETF Profit Machine Momentum Masters - A Roundtable Interview with Super Traders - Minervini, Ryan, Zanger & Ritchie II Alan Ellman's Selling Cash-Secured Puts: Investing to Generate Monthly Cash Flow Stock Investing For Students - a plan to get rich slowly and retire young Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market Exit Strategies for Covered Call Writing: Making the Most Money When Selling Stock Options Complete Encyclopedia for Covered Call Writing Wall Street The Other Las Vegas How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Trend Trading: A seven step approach to success How Legendary Traders Made Millions: Profiting From the Investment Strategies of the Gretest Traders of All time The Complete TurtleTrader: The Legend, the Lessons, the Results How to Make Money Selling Stocks Short Reminiscences of a Stock Operator Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Lessons from the Greatest Stock Traders of All Time How I Made $2,000,000 In The Stock Market

Archives

© 2026 WishingWealthBlog.com

Loading Comments...