The GMI remains at zero (of 6), but the more sensitive GMI-R rose to 1 (of 6). I do not typically identify a tradeable up-trend until the GMI is at least 3, and this market is still a long way from a real up-trend signal. Monday was the 60th day of the current short term down-trend in the QQQQ. There were 3 new highs and 99 new lows in my universe of 4,000 stocks on Monday.