GMI: 0; GMI-R: 0; 27th day of QQQQ down-trend

The GMI and GMI-R are back to their minimum readings.  There were 36 new highs and 58 new lows in my universe of 4,000 stocks on Friday. The Worden T2108 Indicator is at 19%, up from an extreme low of 8% on July 7.   Interesting, 68%  of the Nasdaq 100 stocks are now above their MACD signal  line, a sign of strength.  Friday was the 27th day of the current QQQQ downtrend (D-27).  Nevertheless, with all of the GMI indicators negative (click on table to enlarge) the down-trend remains intact. 

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