This is the rally that I just love to resist. The GMI is back to 1+ and the GMI-R to 4+, still well below the levels I like to see to go long. The QQQQ is underperforming the SPY and the DIA. The QQQQ is in the 18th day of its short term down-trend. But a lot of the leaders are rising and all of the indexes I follow have bullish MACD daily crossovers. The Worden T2108 is back to 34% and now above its 30 day average. I am beginning to think this is a tradeable rally. But I don’t trust it to last. Still, I am wading in on the long side and setting close stops.