IBD sees market in correction; 3rd day of $QQQ short term down-trend


My trading accounts are now in cash or in SQQQ.   The failure of leading stocks to hold during the last week of the quarter is a serious omen for me.   Moreover, most recent green line break-outs have failed to hold. I remain invested in mutual funds in my university pension for now. IBD has now called the market in a correction. The GMI has fallen to 2 (of 6).   Another day below 3 will trigger a new GMI Sell signal.

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