GMI: 1;GMI-S: 0

The GMI remains at one, and the GMI-S is now zero.  All of my short term indicators for four indexes are negative.  Gmi0306_1 The bounce on Tuesday is far from signifying a change in trend.  It will take a lot of time for the technical damage to be healed.  I am looking for an opportunity to short this market once it rebounds to resistance levels. I would be interested in QID below 54 as a bet for the QQQQ to fall again.


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