2/6What is the GMI?
The GMI and GMI-2 are each 2 (of 6). With Thursday’s rebound, the new short term down-trend may not hold. I am laregly out of the market waiting for a significant trend to develop. IBD changed its outlook again and now sees the market in a confirmed up-trend. This has been a very difficult market to figure out. Meanwhile note this monthly green line chart of IOC hitting a new high out of a two year base on Thursday. It reports earnings soon and has a very high short interest. I am researching it. Will it hold?
Add a Comment