General Market Index (GMI) table | Wishing Wealth Blog

Blog Post: Day 17 of $QQQ short term up-trend; This daily chart shows how one could have entered $APP when it had a GLB (green line break-out) last September. My GLB tracker table below shows, a GLB can really be a terrific set-up. My GMI is still 6 and Green.

Sunday, December 1, 2024 @ 9:05 pm by Dr. Wish

GMI6/6

GMI-26/9

T210862%

APP had a high volume GLB on September 17, 2024.

Here is GLB tracker, updated on my blog daily.

And below is the GMI table.

Blog Post: Day 13 of $QQQ short term up-trend; GMI= Green and 6 (of 6); GLB and green dot called recent advance of $IBIT, see daily chart and monthly chart with flag pattern.

Sunday, November 24, 2024 @ 9:35 pm by Dr. Wish

GMI6/6

GMI-27/9

T210858%

The start of the recent advance in bitcoin was marked by an unusually high volume green line break-out (GLB) and a green dot showing a Stochastic 10.4 and 10.4.4 crossover. I noted when it happened that it looked like a promising “flag” pattern, see monthly chart. The “N” designates a note I entered in TC2000 on the daily chart.

The GMI is strong. My set-ups, focusing on stocks at or near recent ATHs, work best when the GMI registers 6.

Blog Post: Day 8 of $QQQ short term up-trend, it could end on Monday; But my 10:30 weekly chart of $QQQ shows a continuing longer term up-trend.

Sunday, November 17, 2024 @ 7:36 pm by Dr. Wish

GMI5/6

GMI-23/9

T210848%

While my short term QQQ trend indicator might turn down on Monday, QQQ closed (gray line) above it 10 week average (dotted line)and its 10 week average is climbing above its rising 30 week average (red line).

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	$166.80	379.45%
META	1/23/24	$384.33	$592.83	54.25%
APP	9/17/24	$116.09	$340.59	193.38%
COST	12/11/23	$615.27	$975.00	58.47%
GDDY	11/22/23	$93.75	$197.62	110.79%
WING	11/15/23	$223.77	$324.84	45.17%
CAVA	4/22/24	$58.10	$140.85	142.43%
CAH	11/3/23	$95.45	$122.47	28.31%
PGR	10/13/23	$149.87	$264.04	76.18%
ANF	12/18/23	$85.77	$157.31	83.41%
MPTI	10/9/23	$21.00	$66.05	214.52%
PANW	8/21/23	$213.61	$390.17	82.66%
NVO	8/8/23	$86.49	$108.67	25.64%
CBOE	8/4/23	$138.54	$211.91	52.96%
VST	8/4/23	$27.96	$154.11	451.18%
MOD	8/3/23	$37.62	$137.74	266.14%
VRT	8/2/23	$28.80	$127.05	341.15%
PSN	8/2/23	$50.15	$95.98	91.39%
PHM	4/25/23	$63.90	$135.14	111.49%
CRS	4/23/24	$79.66	$194.77	144.50%
IBKR	2/9/24	$95.59	$185.68	94.25%
BX	10/11/24	$149.78	$187.05	24.88%