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Dr. Wish

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.

1 Comment

$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?

1 Comment

Over 2000 new lows, GMI= 0, put/call ratio= 1.44, T2108=4

Tuesday, March 10, 2020 @ 8:13 am by Dr. Wish
GMI0/6
GMI-21/9
T21084%

Bounce coming today–will it hold?  Remember, most bottoms have a re-test of the lows. I am on sidelines and waiting for a sign this decline is ending. I react rather than anticipate. QQQ is now below critical 30 week average (solid red line).

 

 

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Current GMI Signal

GREEN

since close on APR 10, 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$103.80407.83%
SFM1/29/24$49.45$82.6667.16%
CRS4/23/24$79.66$471.75492.20%
AGX9/6/24$76.70$654.39753.18%
SATS8/26/25$50.21$125.58150.11%
APP9/17/24$116.09$598.79415.80%
EAT10/1/24$78.33$141.0380.05%
PLTR11/5/24$44.91$161.64259.92%
ALMS1/6/26$13.53$21.2657.13%
BE8/22/25$44.95$275.99513.99%
CLS5/1/25$87.00$400.10359.89%
RGC5/1/25$1.55$24.201461.29%
CCJ6/9/25$62.55$110.5476.72%
RHLD8/12/25$54.05$115.58113.84%
GEV5/20/25$447.50$966.15115.90%
CLS6/25/25$144.27$400.10177.33%
MIRM8/7/2025$54.23$99.7683.96%
CCJ6/9/25$62.55$110.5476.72%
WDC9/4/25$86.66$553.01538.14%
SNDK9/4/25$58.36$1,752.072902.18%
STX6/3/2025$117.67$909.26672.72%
TTMI6/3/25$30.41$173.72471.26%
MU9/29/25$157.54$1,029.56553.52%
INBX7/8/25$18.95$102.91443.06%
SPHR9/11/25$56.08$139.11148.06%
FIX7/24/25$553.09$1,822.09229.44%

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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

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