The GMI is still zero and the GMI-R is one. There were 45 new highs and 64 new lows in my universe of 4,000 stocks on Thursday. The Worden T2108 indicator is now at 19%, up from a low of 8%. Thursday was the 26th day of the current QQQQ down-trend.
Stock Market Technical Indicators & Analysis
The GMI is still zero and the GMI-R is one. There were 45 new highs and 64 new lows in my universe of 4,000 stocks on Thursday. The Worden T2108 indicator is now at 19%, up from a low of 8%. Thursday was the 26th day of the current QQQQ down-trend.