The GMI and GMI-R are still each one. Wednesday was the 43rd day of the current QQQQ short term down-trend. The QQQQ has closed below its 10 week average for the past 16 weeks. There were only 48 new highs and 148 new lows in my universe of 4,000 stocks on Wednesday. Only 33% of the Nasdaq 100 stocks closed above their 30 day averages and the Worden T2108 indicator closed at 38%, in the neutral range. I am 100% in cash.