Blog post: Day 7 of $QQQ short term down-trend; GMI remains Red, $SPY closes below 10 week average and $QQQ holds above 30 week average, see weekly chart

GMI2/6
GMI-21/8
T210844%

Let’s see if QQQ can stay above its 30 week average (red solid line) this week. Last week was a high volume advance.

 

1 thought on “Blog post: Day 7 of $QQQ short term down-trend; GMI remains Red, $SPY closes below 10 week average and $QQQ holds above 30 week average, see weekly chart”

  1. Dr. Wish,
    I’m trying to recreate your GMI table and I am getting stuck on the very first one, the Wish Wealth 10 day Index. I’m using Fidelity so my screen is not exactly like yours but it is close. If anything my percentage should be less than yours but it is not.
    Security $ over $5.00 = 5594 stocks
    Security type common stock = 4447 stocks
    Days since a 52 week high = 267
    Number of new highs on Friday = 127
    47%
    You are at 22%. Where is my logic wrong?

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