The GMI remains at one, and the GMI-S is now zero. All of my short term indicators for four indexes are negative. 
The bounce on Tuesday is far from signifying a change in trend. It will take a lot of time for the technical damage to be healed. I am looking for an opportunity to short this market once it rebounds to resistance levels. I would be interested in QID below 54 as a bet for the QQQQ to fall again.
