The GMI remains at zero with few changes in my indicators. 
Only 18 new highs and 117 new lows in my universe of 4,000 stocks. Only 18-20% of stocks in the QQQQ, SPY and DIA advanced on Monday. Only 9% of stocks are in a short term up-trend and only 19% of the Nasdaq 100 stocks closed above their 30 day averages. Monday was the 27th day in the QQQQ down-trend……
This is a time for me to remain in cash or in puts as the market remains in a down-trend.
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