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Weekly green bar setup is stocks with 4w>10wk>30wk averages that bounced up off of their 4 week averages and had Relative Strength (SPY) at a 20 week high and reached an ATH in the past 3 months. This list is sorted by close Thursday/close 250 days ago, shown in last column.

RKLB is one example. Note the recent GLB and the bounce up off of both the 4wk (red dotted) and 10 week (blue dotted) averages. Note the Weinstein Stage 2 pattern and that the stock has rarely closed below the 4wk or 10 wk averages. This is the pattern of a strongly advancing stock. The green price bar shows a bounce up off of the 4wk average, which can be a place to get on board. If so, I place my initial stop below the low of the green bar.

It looks like the consolidation is over. I am slowly accumulating TQQQ as  long as QQQ is rising. My analyses over the years have demonstrated repeatedly that during a rise in QQQ, TQQQ rises about 3x as much and beats more than 90% of individual stocks. This daily chart shows that QQQ has broken out of its recent channel.

QQQ continues to decline within the downward sloping channel I described in my post last night. Another sign of potential weakness is the fact that AAPL closed Thursday again below its green line. AAPL had a GLB on 11/29. The green line top was at 237.23.  After a recent GLB failure, the attempt to stay back above its green line has failed on above average volume. NVDA is also below its recent green line top, see weekly chart. A close below its 30 week average (red line) could be ominous.

If you have been invited to attend the Minervini Gala this weekend, I hope you will say hello. I will not post again until early next week. My trading accounts are in cash or TBIL. Be careful.