Up-trend completes 8th day, ARMH break-out?

GMI6/6
GMI-R10/10
T210855%

The markets rebounded and the GMI and GMI-R are back to their maximum levels.   Daily volume in the major indexes was not great and IBD still considers the market to be in a correction.   We need a few more days to see if this up-trend has legs. ARMH, cup with handle break-out?

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