Posted Wednesday, February 27, 2013 @ 5:39 am by Dr. Wish

GMI flashes Sell signal; mainly in cash

GMI

1/6

GMI-2

3/6

What is the GMI?
 

WORDEN T2108

51%

With the GMI below 3 for two days, it has now flashed a Sell signal.  Tuesday was the 4th day of the new QQQ short term down-trend.  I am mainly in cash with a small short position in the QQQ.  IBD continues to call “Market in Correction.”


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