Wishing Wealth - Stock Market Technical Indicators & Analysis

Time to be very defensive and largely in cash. Between COVID-19 and the imminent election, volatility reigns. I am a chicken and safely on the sidelines. Check out this weekly chart–double top?

Sym.	Date	GLB $	Now $	Chg.
FTAI	10/26/23	$34.79	$83.79	140.85%
META	1/23/24	$384.33	$616.46	60.40%
APP	9/17/24	$116.09	$338.39	191.49%
COST	12/11/23	$615.27	$947.73	54.03%
GDDY	11/22/23	$93.75	$205.59	119.30%
WING	11/15/23	$223.77	$280.48	25.34%
CAVA	4/22/24	$58.10	$120.50	107.40%
CAH	11/3/23	$95.45	$127.83	33.92%
PGR	10/13/23	$149.87	$241.01	60.81%
ANF	12/18/23	$85.77	$126.28	47.23%
MPTI	10/9/23	$21.00	$58.00	176.19%
AGX	9/6/24	$76.70	$185.35	141.66%
SFM	1/29/24	$49.45	$147.00	197.27%
CBOE	8/4/23	$138.54	$197.17	42.32%
VST	8/4/23	$27.96	$185.35	562.91%
MOD	8/3/23	$37.62	$139.58	271.03%
VRT	8/2/23	$28.80	$143.13	396.98%
PSN	8/2/23	$50.15	$96.44	92.30%
PHM	4/25/23	$63.90	$115.81	81.24%
CRS	4/23/24	$79.66	$211.16	165.08%
IBKR	2/9/24	$95.59	$192.83	101.73%
EAT	10/1/24	$78.33	$153.63	96.13%

Day 1 of new $QQQ short term down-trend; GMI=1, to turn Red by Friday’s close; cash and $SQQQ

$QQQ short term up-trend will likely end Thursday; GMI close to turning Red; $QQQ closes below 10 week average

Daily RWB up-trend pattern over for $DIA and $SPY, $QQQ next?