As long as the 10 week avg (dotted) is below the 30 wk avg (red) and the 30 wk is sloping down, I need to remain very cautious and on sidelines. The gray line is current weekly close and is trying to retake the 30 wk avg. Can it? Sometimes it does and then craters. $IWM looks the weakest of the 4 indexes.
THE GMI=4 and on a Green signal. It is not where I prefer it to be to be long. It is much more profitable to buy strong growth stocks when the GMI=6.
