GMI: 3; GMI-R: 5; 7th day of QQQQ down-trend

The GMI is at 3 and the GMI-R is at 5.  There were 102 new highs and 242 new lows in my universe of 4,000 stocks on Thursday. We will have to wait for next week after options expiration to see the market's true trend.  Thursday was the 7th day of the current QQQQ down-trend.

1 thought on “GMI: 3; GMI-R: 5; 7th day of QQQQ down-trend”

  1. Hello…..

    Based on the blog’s early June postings, I saw no commentary about your selling your position in QLD. Was there a blog that mentioned the selling of QLD?


    Bill Kloppenburg

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