Warning signs abound Wednesday, October 3, 2018 @ 10:16 am by Dr. Wish GMI4/6 GMI-26/9 T210837% More daily new lows than highs; only 32% of US stocks advance; T2108 at lowest level since last April. The GMI is now at 4 (of 6). XLF and XLB are weak. And short rates are on a steady rise:
Long bonds decline; 60th day of $QQQ short term up-trend Monday, October 1, 2018 @ 10:28 pm by Dr. Wish GMI5/6 GMI-27/9 T210839% This chart shows the renewed decline on Monday in 20 year treasury bonds. Long rates are rising.
$QQQ finds support at 10 week average Thursday, September 27, 2018 @ 10:49 pm by Dr. Wish GMI4/6 GMI-26/9 T210839% The QQQ bounced up off of its 10 week average (blue dotted line) again this week.