Skip to content

Wishing Wealth Blog

Stock Market Technical Indicators & Analysis

  • Home
  • About
    • Disclaimer
    • Contact
  • Recommended Reading
  • Topics
    • General Market Index (GMI) table
    • Nicolas Darvas
    • My Favorite Posts
    • Tutorial
    • UMDSMC Education Posts
    • Video blog
  • Webinars
    • 2026-04 MoneyShow Virtual Booths
    • TraderLion 25 Annual Conference
    • 2025-07-17 Long Island Traders Meetup
    • Boston IBD Meetup, May 21, 2025
    • 01/2024 NoVA IBD Meetup
    • AAII
      • Eastern Michigan – 01/2022
      • Research Triangle – 12/2021
    • 2021 TraderLion Presentation
    • 2022 TraderLion Webinar
    • TC2000 User Group – December 2012
    • 2012 Houston TC2000 Webinar
    • Doctor’s Orders – August 2010
    • A Word from Dr. Wish – April 2010
    • Other Dr. Wish Videos…
  • Glossary
  • $25 Coupon for TC2000

Thursday was 11th day of QQQ short term up-trend

Friday, July 15, 2011 @ 6:42 am by Dr. Wish
GMI5/6
GMI-24/9
T210851%

I remain mainly in cash, but own some QLD, given the QQQ short term up-trend.

Leave a comment

Wednesday was 10th day of QQQ short term up-trend but head and shoulders top forming?

Thursday, July 14, 2011 @ 7:01 am by Dr. Wish
GMI5/6
GMI-24/9
T210861%

Still mainly in cash with a few longs.   I am watching a possible head and shoulders top formation in the QQQ weekly chart. I will exit all if the QQQ closes back below 10 week average (blue dotted line). Click on weekly chart to enlarge.


Leave a comment

Tuesday was 9th day of QQQ short term up-trend

Wednesday, July 13, 2011 @ 7:04 am by Dr. Wish
GMI5/6
GMI-24/9
T210857%

It looks like the debt raising crisis is over.   So, with my market indicators largely positive, I am going to tiptoe back into this market.

Leave a comment
Older posts
Newer posts
← Previous Page1 … Page1,144 Page1,145 Page1,146 Page1,147 Page1,148 Page1,149 Page1,150 … Page1,567 Next →

Current GMI Signal

GREEN

since close on AUG 6, 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$80.40293.35%
SFM1/29/24$49.45$80.3762.53%
CRS4/23/24$79.66$493.64519.68%
AGX9/6/24$76.70$501.45553.78%
BTSG9/9/25$25.57$59.49132.66%
APP9/17/24$116.09$304.65162.43%
EAT10/1/24$78.33$239.04205.17%
PLTR11/5/24$44.91$180.06300.94%
ALMS1/6/26$13.53$23.5373.91%
BE8/22/25$44.95$199.50343.83%
CLS5/1/25$87.00$297.34241.77%
RGC5/1/25$1.55$5.36245.81%
CCJ6/9/25$62.55$101.1261.66%
RHLD8/12/25$54.05$126.99134.95%
GEV5/20/25$447.50$961.61114.88%
CLS6/25/25$144.27$297.34106.10%
MIRM8/7/2025$54.23$96.1677.32%
CCJ6/9/25$62.55$101.1261.66%
WDC9/4/25$86.66$464.20435.66%
SNDK9/4/25$58.36$1,606.592652.90%
STX6/3/2025$117.67$849.91622.28%
TTMI6/3/25$30.41$111.02265.08%
MU9/29/25$157.54$968.02514.46%
INBX7/8/25$18.95$103.85448.02%
SPHR9/11/25$56.08$159.71184.79%
FIX7/24/25$553.09$1,643.94197.23%
MU9/25/25$157.54$968.02514.46%
VIK6/30/25$53.14$92.3773.82%

Indicators in your Inbox

Get new posts by email:
PopularMost DiscussedRecent
  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • 6th day of $QQQ short term down-trend; GMI could signal a Buy
  • The new 3x ETF’s–triple your pleasure — or pain
  • In the hospital. Will resume posting next week. Thank you for your patience.
  • How I use put options as investment insurance
  • My first YouTube Vlog (video blog) Post: Sell in May and Go Away?
  • So, Wishing Wealth Reader, Tell Us About Yourself…
  • Blog post: David, my co-presenter, brilliant colleague of 20+ years died in a freak accident on 2/18; Day 35 of $QQQ short term down-trend; 15 promising stocks to monitor
  • Day 12 of $QQQ short term up-trend, but it is weakening; Only 25 stocks reached an ATH, 8 are oil & gas related. QQQ closed just below its 4 wk and 10 wk averages, see weekly chart. Friday’s close may tell the story.
  • Day 11 of $QQQ short term up-trend; My post on 8/17 showed GLD turning up as some traders apparently anticipated the U.S. announcement to reduce interest rates. It’s all in the charts!
  • Blog, Day 9 of $QQQ short term up-trend; The modified daily Guppy chart shows a clear change in trend for gold, measured by GLD. See the daily chart below and the end of the BWR decline and the start of an RWB up-trend.
  • Blog: Day 8 of $QQQ short term up-trend. Six oil and gas stocks hit an ATH on Friday. Almost all have already doubled from their lowest price the past year. See list below and GMI table.
  • Blog: Day 7 of $QQQ short term up-trend and GMI remains GREEN. The modified daily Guppy chart shows that QQQ is back in a RWB up-trend.

Blogroll

  • Barchart All-Time Highs
  • Blue Collar Investor
  • CNNMoney: Pre-market Futures
  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

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

Archives

© 2026 WishingWealthBlog.com

Loading Comments...