Dr. Wish

Blog Post: Day 59 of $QQQ short term up-trend; $CLS came up on my GLB/bounce daily 8 EMA scan, see daily and weekly charts. I will discuss this scan at the TraderLion conference this weekend.

@ 8:57 pm
GMI6/6
GMI-27/9
T210856%

CLS had a recent GLB to an ATH, has not closed below its daily 8 EMA since then and bounced up off of that average on Monday. Let’s see if the bounce holds. Also note its weekly chart with CLS trending with  the 4 wk average, a confirming sign of strength. I will describe how I trade this setup at the TraderLion conference this weekend.

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Blog Post: Day 56 of $QQQ short term up-trend; $HOOD continues to track its rising daily 8 EMA; view my presentation about this setup at the Long Island Traders Meetup Thursday evening.

@ 6:44 pm
GMI5/6
GMI-25/9
T210857%

I will discuss on Thursday evening the significance of a stock post-GLB tracking with the 8 EMA. It is truly amazing. Check out Pat Walker’s seminal work on the 8 EMA in his interview with Richard Moglen.

I am presenting at the Long Island TraderMeetup tomorrow evening. All are welcome. Register for free here.

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