Posted Tuesday, January 30, 2007 @ 5:52 am by Dr. Wish
GMI: 5; GMI-S: 50; 3rd day of QQQQ down-trend
The GMI is still at 5. 50-59% of the stocks in the Nasdaq 100, S&P 500 and Dow 30 indexes advanced on Monday. 
The GMI-S fell 6, as one of the four short term indicators for SPY turned negative. Note, however, that all four indicators for IJR (small-cap stocks) remained positive. Monday was the 3rd day (D-3) in the current QQQQ down-trend.
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