Dr. Wish | Wishing Wealth Blog

The longer term down-trend for QQQ is holding. As I said on Monday, it was important for QQQ to hold above its 4 week average (purple dotted line). It has not. I am almost all in cash with a small position in SQQQ. See weekly charts below.

Weekly BWR down-trend is intact.

Sym.	Date	GLB $	Now $	Chg.
HWM	11/14/23	$51.34	$191.23	272.48%
SFM	1/29/24	$49.45	$108.10	118.60%
CRS	4/23/24	$79.66	$244.79	207.29%
AGX	9/6/24	$76.70	$267.62	248.92%
BKNG	9/16/24	$3,918.00	$5,230.59	33.50%
APP	9/17/24	$116.09	$564.82	386.54%
DUOL	9/18/24	$245.87	$307.57	25.09%
EAT	10/1/24	$78.33	$132.05	68.58%
NFLX	10/18/24	$700.99	$1,116.37	59.26%
LRN	10/23/24	$69.70	$152.51	118.81%
PLTR	11/5/24	$44.91	$175.49	290.76%
SPOT	11/6/24	$387.44	$675.62	74.38%
CRWD	4/24/25	$398.33	$500.11	25.55%
CLS	5/1/25	$87.00	$270.89	211.37%
RGC	5/1/25	$1.55	$15.75	916.13%
CCJ	6/9/25	$62.55	$83.54	33.56%
SEZL	5/9/25	$79.59	$73.93	-7.11%
CRWV	5/14/25	$64.62	$121.53	88.07%
GEV	5/20/25	$447.50	$576.00	28.72%
NVDA	6/3/25	$140.76	$180.28	28.08%
MIRM	8/7/2025	$54.23	$69.60	28.34%
CCJ	6/9/25	$62.55	$83.54	33.56%
ORCL	6/12/25	$198.31	$272.66	37.49%
QBTS	5/20/25	$13.23	$27.29	106.27%
IONQ	9/12/25	$54.74	$55.45	1.30%
HOOD	6/30/25	$85.60	$127.22	48.62%
IREN	9/9/2025	$28.25	$51.83	83.47%

Blog Post: Day 12 of $QQQ short term down-trend; 50 US new highs and 316 new lows; 9 stocks at ATHs, some look very interesting: $LNTH, $INSW, $LNG, $RXDX, $ALB and $ELF, see charts and complete list

Blog Post: Day 11 of $QQQ short term down-trend; 29 US new highs and 191 new lows; $SQQQ +16.5% as longer term down-trend of QQQ remains intact, see weekly and GMMA charts

Blog Post: Day 10 of $QQQ short term down-trend but $QQQ has an hourly RWB pattern