GMI: +6; going with the trend

The GMI remains at +6.  There were 407 new highs in my universe of 4,000 stocks.  49% of the Nasdaq 100 stocks rose on Thursday, along with 55% of the S&P 500 and 67% of the Dow 30 stocks.  Gmi0420 Thursday was the seventeenth day in the current QQQQ short term up trend (U-17).  All indicators seem positive, but I am still skeptical of a continued rise, given the cost of oil and gasoline.  But I guess I have to enjoy this rally as much as I can and not fight it too much……

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