IBD says market in up-trend; GMI: 3

GMI3/6
GMI-25/8
T210847%

According to IBD, the market correction is over.   However, while the GMI2 rose to 5, the GMI remains at 3 (of 6).   By my definition, the QQQ is still in a short term down-trend.   The QQQ must show more strength for the GMI to signal a buy signal.   For now, I have a very small short position in the QQQ and GLD.

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