Wishing Wealth - Stock Market Technical Indicators & Analysis

Day one of $QQQ short term down-trend; about 40% of new down-trends last 5 or fewer days

Tuesday, February 23, 2021 @ 10:03 pm by Dr. Wish

GMI4/6

GMI-23/9

T210867%

I generally buy some SQQQ at beginning of down-trend and add more if it extends beyond 5 days. My trading IRA account is mainly in cash.

$QQQ short term up-trend likely to end on Tuesday; Commodities ETF, $DBC, in a daily RWB up-trend

Monday, February 22, 2021 @ 10:47 pm by Dr. Wish

GMI6/6

GMI-23/9

T210867%

Signs of short term technical weakness: Futures, diving treasuries and 72 day old $QQQ short term up-trend; but longer term GMI still strong at 6 (of 6)

Monday, February 22, 2021 @ 8:41 am by Dr. Wish

GMI6/6

GMI-24/9

T210868%

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	$168.82	385.25%
META	1/23/24	$384.33	$574.32	49.43%
APP	9/17/24	$116.09	$336.75	190.08%
COST	12/11/23	$615.27	$971.88	57.96%
GDDY	11/22/23	$93.75	$197.57	110.74%
WING	11/15/23	$223.77	$328.77	46.92%
CAVA	4/22/24	$58.10	$140.90	142.51%
CAH	11/3/23	$95.45	$122.24	28.07%
PGR	10/13/23	$149.87	$268.88	79.41%
ANF	12/18/23	$85.77	$149.69	74.52%
MPTI	10/9/23	$21.00	$65.56	212.19%
PANW	8/21/23	$213.61	$387.82	81.56%
NVO	8/8/23	$86.49	$106.80	23.48%
CBOE	8/4/23	$138.54	$215.85	55.80%
VST	8/4/23	$27.96	$159.84	471.67%
MOD	8/3/23	$37.62	$135.79	260.95%
VRT	8/2/23	$28.80	$127.60	343.06%
PSN	8/2/23	$50.15	$95.91	91.25%
PHM	4/25/23	$63.90	$135.27	111.69%
CRS	4/23/24	$79.66	$194.04	143.59%
IBKR	2/9/24	$95.59	$191.09	99.91%
BX	10/11/24	$149.78	$191.09	27.58%