The GMI remains at zero, but the more sensitive GMI-R rose to one (of 10). There were 5 new highs and 994 new lows in my universe of 4,000 stocks on Tuesday.  The T2108 indicator is at 4%.  It will take a lot more of a rise in the indexes to turn the trend around.  [...]

No change in my indicators on Monday.  There were 3 new highs and 980 new lows in my universe of 4,000 stocks on Monday….. Jesse Livermore once wrote that no stock was too low to sell (short).  As you may know, one of the indicators in the GMI computes the percentage of stocks that hit [...]