Post earnings release period could be deadly. And then there is the dreaded Sell in May and Go Away period. And then the likely debt debacle. I am mainly short or in cash as the GMI weakens. Meanwhile, Wedneday was the first day of the new QQQ short term down-trend. About 40% of new short term down-trends end within 5 days, however. The black dot on the chart signifies an oversold bounce. This week’s close will be very telling.