GMI still 5; Moving averages confirm up-trend

The GMI remains at 5 and the Nasdaq 100 up-trend continues, now in its 9th day.  Gmiperf0912 (Click on chart to enlarge.)  The key 30 day average (red line) is beginning to curve up, suggesting a major up-trend, also confirmed by the 10 day average (dotted line) rising above the 30 day.  I am content to hold the QLD and my covered call positions.


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