GMI: 0; GMI-R: 0; 25th day of QQQQ down-trend; successful test of January lows?

The GMI and GMI-R remain at zero.  There were 9 new 52 week highs and 118 new lows in my universe of 4,000 stocks on Thursday.  The Worden T2108 indicator is at 41%. Thursday was the 25th day of the current QQQQ short term down-trend. This could turn out to be a successful test of the January lows.  I am still mainly in cash and waiting for a convincing change in trend.

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