GMI turns Green and new $QQQ short term up-trend Friday, November 9, 2018Friday, November 9, 2018 @ 12:05 am by Dr. Wish GMI4/6 GMI-25/9 T210840% But no new daily RWB pattern yet. Share this:EmailFacebookTwitterLinkedInPrintMoreSkypePocketPinterestTumblrRedditTelegramWhatsApp Related
2 thoughts on “GMI turns Green and new $QQQ short term up-trend”
Dr. Wish – in the case of a BWR daily pattern but a GREEN GMI/GMI2 – which one do you defer to?
Does the BWR take precedence over the Green GMI (and GMI2) – or vice versa – in terms of stepping into the market?
Do BOTH criteria (RWB and positive GMI/GMI2) have to be met before you decide that it is “safe” to wade back into the market?
Additionally, how long do you have to see a RWB daily trend before you think there is a confirmed trend?
Great questions but no set answers or I could program a computer to trade. Depends on my risk tolerance at any time. GMI is a priority because most stocks follow the market trend. Many daily indicators like green dot eventually fail in a down-trend.