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Blog post: Day 30 of $QQQ short term down-trend; $ARKK remains in weekly BWR down-trend, see chart

Tuesday, May 24, 2022 @ 9:09 pm by Dr. Wish
GMI0/6
GMI-21/9
T210819%

Note its RWB up-trend in 2020 when one could make money owning it. RWB is the pattern I want in order to buy a growth stock. Who knows when the current weekly BWR pattern will end.

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Blog Post; Day 29 of $QQQ short term down-trend; 20+ year treasury bonds, $TLT, in a daily BWR down-trend since January, see chart

Monday, May 23, 2022 @ 8:54 pm by Dr. Wish
GMI0/6
GMI-20/9
T210819%

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Blog Post: Day 27 of $QQQ short term down-trend; $QQQ remains in Stage 4 down-trend, see weekly chart

Thursday, May 19, 2022 @ 10:32 pm by Dr. Wish
GMI0/6
GMI-21/9
T210816%

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Current GMI Signal

RED

since close on OCT 19, 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.

Green Line Breakout stocks
Sym.DateGLB $Now $Chg.
SFM1/29/24$49.45$48.87-1.17%
CRS4/23/24$79.66$297.37273.30%
AGX9/6/24$76.70$304.40296.87%
APP9/17/24$116.09$395.51240.69%
EAT10/1/24$78.33$195.15149.14%
PLTR11/5/24$44.91$168.82275.91%
CLS5/1/25$87.00$223.89157.34%
RGC5/1/25$1.55$5.23237.42%
GEV5/20/25$447.50$797.0478.11%
STX6/3/2025$117.67$501.62326.29%
TTMI6/3/25$30.41$72.23137.52%
CCJ6/9/25$62.55$72.8716.50%
ENLT6/18/25$20.44$70.52245.01%
CLS6/25/25$144.27$223.8955.19%
VIK6/30/25$53.14$88.0765.73%
INBX7/8/25$18.95$90.61378.15%
FIX7/24/25$553.09$1,105.9399.95%
MIRM8/7/2025$54.23$94.4274.11%
RHLD8/12/25$54.05$159.83195.71%
BE8/22/25$44.95$185.42312.50%
WDC9/4/25$86.66$289.20233.72%
SNDK9/4/25$58.36$859.991373.59%
BTSG9/9/25$25.57$72.49183.50%
SPHR9/11/25$56.08$122.23117.96%
MU9/25/25$157.54$725.11360.27%
MU9/29/25$157.54$725.11360.27%
INSW3/16/26$65.94$98.2549.00%

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  • Day 18 of $QQQ short term down-trend; QQQ remains in a daily BWR down-trend. So is SPY. Dotted line in chart is daily close.
  • Day 17 of $QQQ short term down-trend; Weekly chart of QQQ is very ominous. SPY and QQQ are in daily BWR down-trends. GMI=0. Cash remains king.
  • Day 12 of $QQQ short term down-trend; GMI=2 and RED; QQQ is now below its critical 30 week average, see weekly chart.
  • Day 11 of $QQQ short term down-trend; Modified Guppy charts show that GOOGL and INTC should have been exited long before their current earnings swoons.
  • Day 7 of $QQQ short term down-trend; 36 ATHs, 11 banks and 7 oil & gas. QQQ is sitting on its 30 wk average, see weekly chart. GMI=2 and RED;

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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