Dr. Wish | Wishing Wealth Blog

Monthly chart shows market could fall much more; 13th day of $QQQ short term down-trend

Friday, March 13, 2020 @ 12:02 am by Dr. Wish

GMI0/6

GMI-21/9

T21082%

This monthly chart of the SPY shows that the decline thus far is quite small compared with the one in 2008. This market could fall much more.

Decline appears modest on weekly chart; 12th day of $QQQ short term down-trend

Wednesday, March 11, 2020 @ 11:02 pm by Dr. Wish

GMI0/6

GMI-21/9

T21083%

Weekly chart shows this decline to be modest thus far.

$QQQ remains in daily BWR down-trend

Tuesday, March 10, 2020 @ 9:47 pm by Dr. Wish

GMI0/6

GMI-21/9

T21086%

See clearly an up-trend versus down-trend. Would you buy this?

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	$100.53	188.96%
META	1/23/24	$384.33	$689.18	79.32%
APP	9/17/24	$116.09	$369.59	218.37%
COST	12/11/23	$615.27	$979.88	59.26%
GDDY	11/22/23	$93.75	$212.65	126.83%
WING	11/15/23	$223.77	$297.90	33.13%
CAVA	4/22/24	$58.10	$135.05	132.44%
CAH	11/3/23	$95.45	$123.66	29.55%
PGR	10/13/23	$149.87	$246.44	64.44%
ANF	12/18/23	$85.77	$119.38	39.19%
MPTI	10/9/23	$21.00	$58.90	180.48%
AGX	9/6/24	$76.70	$136.80	78.36%
SFM	1/29/24	$49.45	$158.34	220.20%
CBOE	8/4/23	$138.54	$204.33	47.49%
VST	8/4/23	$27.96	$168.03	500.97%
MOD	8/3/23	$37.62	$101.45	169.67%
VRT	8/2/23	$28.80	$117.02	306.32%
PSN	8/2/23	$50.15	$79.27	58.07%
PHM	4/25/23	$63.90	$113.78	78.06%
CRS	4/23/24	$79.66	$193.06	142.36%
IBKR	2/9/24	$95.59	$217.44	127.47%
EAT	10/1/24	$78.33	$181.97	132.31%