GMI declines to 3, T2108 to 34%; IBD sees market uptrend under pressure


There were more than   twice as many stocks at new 52 week lows than new highs on Wednesday.   The Worden T2108 indicator, at 34%,   is still in neutral territory. IBD lowered its market outlook. With the GMI at 3, I am becoming more cautious and not taking on any new positions.

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