Wishing Wealth - Stock Market Technical Indicators & Analysis

4th day of $QQQ short term down-trend; $IWM (Russell 2000) entering daily BWR down-trend

Thursday, October 3, 2019 @ 9:41 pm by Dr. Wish

GMI0/6

GMI-21/9

T210841%

3rd day of $QQQ short term down-trend; GMI=0

Wednesday, October 2, 2019 @ 8:41 pm by Dr. Wish

GMI0/6

GMI-21/9

T210839%

SPY looks very weak. Will it form an ominous daily BWR pattern?

GMI flashes Red; 2nd day of $QQQ short term down-trend; buying $SQQQ

Tuesday, October 1, 2019 @ 10:09 pm by Dr. Wish

GMI1/6

GMI-22/9

T210851%

Twice as many new lows than new highs. Time to be short or out in my trading accounts. QQQ closed below (dotted line) all 12 averages.

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	$103.35	197.07%
META	1/23/24	$384.33	$687.00	78.75%
APP	9/17/24	$116.09	$365.51	214.85%
COST	12/11/23	$615.27	$978.81	59.09%
GDDY	11/22/23	$93.75	$213.53	127.77%
WING	11/15/23	$223.77	$305.76	36.64%
CAVA	4/22/24	$58.10	$138.95	139.16%
CAH	11/3/23	$95.45	$128.26	34.37%
PGR	10/13/23	$149.87	$249.22	66.29%
ANF	12/18/23	$85.77	$122.71	43.07%
MPTI	10/9/23	$21.00	$58.06	176.48%
AGX	9/6/24	$76.70	$136.89	78.47%
SFM	1/29/24	$49.45	$156.25	215.98%
CBOE	8/4/23	$138.54	$205.91	48.63%
VST	8/4/23	$27.96	$176.30	530.54%
MOD	8/3/23	$37.62	$102.46	172.36%
VRT	8/2/23	$28.80	$114.60	297.92%
PSN	8/2/23	$50.15	$78.81	57.15%
PHM	4/25/23	$63.90	$118.51	85.46%
CRS	4/23/24	$79.66	$193.65	143.10%
IBKR	2/9/24	$95.59	$219.17	129.28%
EAT	10/1/24	$78.33	$182.50	132.99%