Taking a little break. The GMI has been zero on Wednesday and Thursday. QQQQ is in 30th day of down-trend. Still mainly in cash.
Dr. Wish
GMI: 0; Minimal Changes
The GMI is still at zero. 
There were 18 new highs and 139 new lows in my universe of nearly 4,000 stocks. 50% of the Nasdaq 100 stocks advanced Tuesday, along with 42% of the S&P 500 and 68% of the Dow 30 stocks. Changes were minimal in any of my other indicators and I am not presenting them. This market is consolidating before it moves again. Tuesday was the 28th day in the current QQQQ down-trend.
GMI:0; Few changes
The GMI remains at zero with few changes in my indicators. 
Only 18 new highs and 117 new lows in my universe of 4,000 stocks. Only 18-20% of stocks in the QQQQ, SPY and DIA advanced on Monday. Only 9% of stocks are in a short term up-trend and only 19% of the Nasdaq 100 stocks closed above their 30 day averages. Monday was the 27th day in the QQQQ down-trend……
This is a time for me to remain in cash or in puts as the market remains in a down-trend.
Please send your comments to: silentknight@wishingwealthblog.com.