GMI: 1; GMI-R: 3; 29th day of QQQQ down-trend

The GMI rose to 1 out of 6 and the GMI-R to 3 out of 10.  Wednesday was the 29th day of the current QQQQ short term down-trend.  There were only 38 new highs and 55 new lows in my universe of 4,000 stocks on Wednesday.  The current bounce in stocks has not yet violated the down-trend. 

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