Stocks held up well on Monday. A lot of my stocks hit new highs, including ASPS, ALXN, DDD. AAPL is akso coming alive as we approach second quarter earnings. This market looks like it wants to go up. I bought some QLD and will average up slowly. There is an abbreviated trading day on Tuesday.
2 thoughts on “11th day of QQQ short term up-trend; adding to longs”
How do you resolve the differences between the GMI and GMI-2? Example: Recently, the GMI was at 5 while the GMI-2 was at 1. What conclusions would you draw? What do you use the GMI-2 for?
I use the GMI2 just to keep me focused on its components. I rely primarily on the GMI and not the GMI2 to make trading decisions.