The GMI2 is 4, reflecting short term weakness. Since this up-trend began, the QQQ has advanced almost 9% in only two months. The market could not maintain that type of momentum indefinitely. A decline in the QQQ on Wednesday would trigger a short term down-trend in the QQQ. However, with the GMI so strong, I will not touch my university pension accounts. I am cutting way back, however, on my trading accounts for now. This weekly chart shows that the T2108, at 70%, is now out of extreme territory. Click on chart to enlarge.