GMI remains at 1; 3rd day of QQQ short term down-trend

GMI1/6
GMI-22/9
T210841%

Wednesday brought a bounce from oversold levels.   Wednesday was the 3rd day of the QQQ short term down-trend. I am more confident of a change in trend once it reaches 5 days. I remain mostly in cash with all of my long positions protected by put options.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.