While the GMI is still at +6, the market weakened a little on Thursday. Only 20-26% of the stocks in the Nasdaq 100, S&P 500 and Dow 30 indexes advanced. There were only 291 new highs in my universe of 4,000 stocks. Thursday was the sixth day of the QQQQ up trend (U-6). Most of the market indicators declined on Thursday.
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