GMI: 0; GMI-R: 0; 27th day of QQQQ down-trend

The GMI and GMI-R are back to their minimum readings.  There were 36 new highs and 58 new lows in my universe of 4,000 stocks on Friday. GMI0718 The Worden T2108 Indicator is at 19%, up from an extreme low of 8% on July 7.   Interesting, 68%  of the Nasdaq 100 stocks are now above their MACD signal  line, a sign of strength.  Friday was the 27th day of the current QQQQ downtrend (D-27).  Nevertheless, with all of the GMI indicators negative (click on table to enlarge) the down-trend remains intact. 

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