GMI may turn Green tomorrow. IndicatorsGMI: 5/6GMI-2: 8/8T2108: 41%
Both my QQQ short term trend indicator and the GMI signaled weakness on Wednesday. QQQ short term down-trends often (41%) fail (end) within 5 days. After 5 days I feel more comfortable owning SQQQ. The QQQ is resting on support at ...
The GMI has kept me on the right side of the market. IndicatorsGMI: 5/6GMI-2: 7/8T2108: 49%
Another down day could end the QQQ short term up-trend. Note failure of bounce to hold. AAPL is already failing. IndicatorsGMI: 6/6GMI-2: 4/8T2108: 60%