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Dollar in BWR down-trend

Tuesday, January 30, 2018 @ 8:48 pm by Dr. Wish
GMI5/6
GMI-26/9
T210856%

 

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$AAPL daily RWB pattern over

Monday, January 29, 2018 @ 11:25 pm by Dr. Wish
GMI6/6
GMI-27/9
T210861%

For the first time since last September, AAPL has now closed below all 12 of its daily RWB moving averages.

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GLB: $SHOP; 33rd day of $QQQ short term up-trend

Friday, January 26, 2018 @ 2:06 am by Dr. Wish
GMI6/6
GMI-27/9
T210867%

This weekly chart shows that SHOP has had a GLB (green line break-out to an all-time high).

It has a beautiful daily RWB up-trend. Note Thursday’s above average volume rise through the green line.

 

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Current GMI Signal

GREEN

since close on May 5, 2024

Successful GLBTracker

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.DateGLB $Now $Chg.
HWM11/14/23$51.34$179.53249.69%
SFM1/29/24$49.45$140.07183.26%
CRS4/23/24$79.66$240.26201.61%
AGX9/6/24$76.70$237.83210.08%
BKNG9/16/24$3,918.00$5,585.8642.57%
APP9/17/24$116.09$499.97330.67%
DUOL9/18/24$245.87$272.7010.91%
EAT10/1/24$78.33$159.88104.11%
NFLX10/18/24$700.99$1,257.4879.39%
LRN10/23/24$69.70$162.24132.77%
PLTR11/5/24$44.91$156.14247.67%
SPOT11/6/24$387.44$703.8581.67%
CRWD4/24/25$398.33$412.463.55%
CLS5/1/25$87.00$221.34154.41%
RGC5/1/25$1.55$12.84728.39%
LMB5/6/25$107.00$112.304.95%
SEZL5/9/25$79.59$84.896.66%
CRWV5/14/25$64.62$87.4835.38%
GEV5/20/25$447.50$598.8133.81%
NVDA6/3/25$140.76$171.6621.95%
TSSI6/6/2025$18.26$12.94-29.13%
CCJ6/9/25$62.55$76.3122.00%
ORCL6/12/25$198.31$223.0012.45%

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  • About the General Market Index (GMI)
  • Welcome to the new *and improved* Wishing Wealth
  • How to use IBD 100 and New America stocks and TC2007 to find potential rocket stocks; Market rally begins
  • The new 3x ETF’s–triple your pleasure — or pain
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  • So, Wishing Wealth Reader, Tell Us About Yourself…
  • Blog post: David, my co-presenter, brilliant colleague of 20+ years died in a freak accident on 2/18; Day 35 of $QQQ short term down-trend; 15 promising stocks to monitor
  • Blog Post: Day 8 of $QQQ short term up-trend; $QQQ held the head and shoulders neckline–but will it overtake the right shoulder?
  • Blog Post Day 6 of $QQQ short term up-trend but likely will end on Wednesday; $GOOGL holds its green line and will likely gap up on Wednesday on news.
  • Blog Post: Day 5 of $QQQ short term up-trend; But $QQQ raisng some serious concerns, see possible Head and Shoulders top pattern in daily chart; Charts of $DIA and $SPY tell quite a different story; But check out $GOOGL’s daily chart.
  • Blog Post: Day 4 of $QQQ short term up-trend; $GOOGL holds GLB, see weekly and daily charts; Holding my nose and flying on instruments with $TQQQ
  • Blog Post: Day 2 of $QQQ short term up-trend; Stocks are strengthening and $QQQ remains in a daily RWB up-trend and has closed above all 12 moving averages, see adapted daily Guppy chart; starting to slowly accumulate $TQQQ

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  • CNNMoney: Pre-market Futures
  • Dark Liquidity
  • Seeking Alpha
  • Stock Chartist

Recommended Reading

QQQ and TQQQ ETF Profit Machine Momentum Masters - A Roundtable Interview with Super Traders - Minervini, Ryan, Zanger & Ritchie II Alan Ellman's Selling Cash-Secured Puts: Investing to Generate Monthly Cash Flow Stock Investing For Students - a plan to get rich slowly and retire young Trade Like a Stock Market Wizard: How to Achieve Super Performance in Stocks in Any Market Exit Strategies for Covered Call Writing: Making the Most Money When Selling Stock Options Complete Encyclopedia for Covered Call Writing Wall Street The Other Las Vegas How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Trend Trading: A seven step approach to success How Legendary Traders Made Millions: Profiting From the Investment Strategies of the Gretest Traders of All time The Complete TurtleTrader: The Legend, the Lessons, the Results How to Make Money Selling Stocks Short Reminiscences of a Stock Operator Stan Weinstein's Secrets For Profiting in Bull and Bear Markets Lessons from the Greatest Stock Traders of All Time How I Made $2,000,000 In The Stock Market

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