GMI: 3; GMI-R: 6; All eyes on AAPL

The GMI fell to 3, and there were 267 new lows in my universe of 4,000 stocks and only 43 new highs.  The QQQQ indicators remain positive.  In fact the GMI-R rose to 6, reflecting the strength in the QQQQ.  Let’s see if AAPL can hold last night’s extended market gains.  If it can’t, the QQQQ may follow the other indexes down.

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