So far so good with some of these longs running since summer and so far so good. I want to keep this format fast and easy to skim.įirst the strongest long charts as of this week. Let’s go quickly through the updates for strongest longs, sells, worst performing longs and new potential longs. We will see if these formations hold and lead to new highs. John Boik posted this chart - it’s a top down view and hint at what may unfold. Short version, if these price chart formations fail, they fail, but if they don’t then there may be a large number of long side winners coming. I see a chart from John Boik, also of IBD fame. Lamothe, a veteran trader of the IBD/Williams school of trading, teacher and coach, mentioned cup formation. This is about week 22 of an attempted 18 month experiment to track weekly trends.