15th day of $QQQ short term down-trend; Dow below critical 30 week average

Friday, May 31, 2019 @ 9:14 am by Dr. Wish

GMI1/6

GMI-20/9

T210825%

Weekly chart shows 30 week average as red line. Market could be entering Stage IV decline after a double top and failed GLB.

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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.
UBER	1/25/24	$64.05	$74.25	15.93%
META	1/23/24	$384.33	$502.45	30.73%
SMCI	1/19/24	$357.00	$940.42	163.42%
COST	12/11/23	$615.27	$717.10	16.55%
GDDY	11/22/23	$93.75	$123.72	31.97%
WING	11/15/23	$223.77	$367.44	64.20%
ELF	1/8/24	$139.85	$165.49	18.33%
CAH	11/3/23	$95.45	$107.77	12.91%
PGR	10/13/23	$149.87	$209.28	39.64%
ANF	12/18/23	$85.77	$115.66	34.85%
MPTI	10/9/23	$21.00	$27.72	32.00%
PANW	8/21/23	$213.61	$275.57	29.01%
NVO	8/8/23	$86.49	$123.87	43.22%
CBOE	8/4/23	$138.54	$177.56	28.17%
VST	8/4/23	$27.96	$67.94	142.99%
MOD	8/3/23	$37.62	$90.19	139.74%
VRT	8/2/23	$28.80	$83.21	188.92%
PSN	8/2/23	$50.15	$78.91	57.35%
PHM	4/25/23	$63.90	$107.06	67.54%

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