Monday’s carnage reduced the GMI and GMI-R, and the short term up-trend in the QQQQ is in jeopardy. The longer term weekly up-trend and Stage 2 up-trend are still intact, for now. There were only 4 new highs and 12 new lows in my universe of 4,000 stocks on Monday. The Worden T2108 indicator is now at 35%, and most declines do not stop at this level. Typically, declines end with readings below 25%. I got stopped out of several positions on Monday. This is not the time for bravery, but for close stop losses, in case things decline more.
What happened to stock ASIA that you bought and now is back at your entry price????
As I indicated on a response to a prior comment, I was stopped out just below 20.