25th day of $QQQ short term up-trend; So many break-outs: GLB: $FSLY $FVRR $PTON (see daily charts in blog) Wednesday, May 13, 2020 @ 6:55 am by Dr. Wish GMI5/6 GMI-26/9 T210865%
GMI at 6 (of 6)–first time more than 100 new highs since February 21. Since that day there were more new lows than highs until April 9. New highs versus new lows is an indicator of the market’s direction. $ZLAB–cup w handle break-out. Tuesday, May 12, 2020 @ 8:01 am by Dr. Wish GMI6/6 GMI-26/9 T210876% Would have liked to see more volume on break-out.
22nd day of $QQQ short term up-trend Friday, May 8, 2020 @ 8:31 am by Dr. Wish GMI5/6 GMI-26/9 T210872%