The GMI and GMI-R are both 1. There were 53 new highs and 123 new lows in my universe of 4,000 stocks on Wednesday. I do not hold long positions during a QQQQ down-trend. I do not fight the market trend. The odds of success always increase when one trades consistent with the general market trend. Only 37% of the Nasdaq 100 stocks are now above their 30 day average.