Posted Friday, June 11, 2010 @ 7:00 am by Dr. Wish

Down-trend still intact; head and shoulder top?

GMI

0/6

GMI-R

1/10

What is the GMI?
 

WORDEN T2108

23%

It will take a lot more than a large gain like Thursday’s to create a new up-trend.  Thursday was the 26th day of the current QQQQ short term down-trend. Are we forming a right shoulder of a head and shoulder top?  Only time will tell.

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