Wednesday was the 74th day of the current QQQ short term up-trend and is inconsistent with the GMI sell signal flashed on Tuesday. IBD still says the market is in a correction. It will take a few more days to discern the market’s true trend. I remain in cash in my trading accounts and on the sidelines. I still own a few put options on GLD. It is of concern that AAPL did not rise with the market on Wednesday. It has declined three days in a row. When the leaders do not charge ahead with the market, it can be a warning sign.