2 thoughts on “GMI: 0; GMI-R: 0 New QQQQ down-trend”

  1. where is the worden indicator currently at?

    isn’t it near the point of a short term

    tradable rally, as we are oversold, and

    then back down again?

    thanks for your great work!

    read you everyday.


  2. my indicators have reversed down also. Time to be more defensive. I sold some positions this afternoon but am holding others as I have a sense we’ll get a Santa Rally soon into which I may sell. I have stops on the positions I’m holding in case the mkt continues to head south. One positive note for today, the lows of the day on the Nasdaq tested prior support successfully. Will they hold?

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