GMI: 5; GMI-S: 50; 3rd day of QQQQ down-trend

The GMI is still at 5.  50-59% of the stocks in the Nasdaq 100, S&P 500 and Dow 30 indexes advanced on Monday.  Gmi0129 The GMI-S fell 6, as one of the four short term indicators for  SPY turned negative.  Note, however, that all four indicators for IJR (small-cap stocks) remained positive.  Monday was the 3rd day (D-3) in the current QQQQ down-trend.


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