GMI correction–Sell signal was one day earlier, on 1/27; IBD: market in correction


I have been unable to retrieve the IBD mutual fund chart from their site and had to manually create the 50 day moving average tonight.   In doing so, I found that the index closed below its 50 day average starting on January 24.   This reduced the GMI to 2 on that day and produced   a Sell signal a day earlier, on January 27. Also, IBD has now called the market in a correction. Wednesday was the 3rd day of the new QQQ short term down-trend.

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