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GMI stays Red; $QQQ and $SPY below 50 day averages; in cash

Time to be in cash in my trading accounts. IndicatorsGMI: 2/6GMI-2: 3/8T2108: 32%
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2nd day of QQQ short term down-trend; WTW- Stage 4 decline

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The GMI turned Green on November 10. Since then the QQQ has advanced + 12.7% through last Thursday. Another GMI reading below 3 on Monday will turn it to Red. The SPY/DIA/QQQ all closed below their 10 week averages, an ominous sign ...

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