GMI-2 falls to 4; getting cautious; See you Friday at the Worden Workshop?

GMI6/6
GMI-24/8
T210858%

The QQQ is getting weak and is on support.   A few more down days could end the QQQ short term up-trend.   I reduced my position in TQQQ on Thursday.   Meanwhile, three oil/gas pipeline stocks hit my scans Thursday night:   KMR, PAA and WES. Given their strength, I am considering buying one on Friday.   This daily chart of KMR looks promising to me. Note that KMR   had   a recent green line break-out and then consolidated at that level for weeks. Thursday’s break above its narrowing Bolinger Band channel may be significant.

KMRdaily

I will be at the Worden Workshop on Friday.   Please say hello if you attend.   You can register for free at worden.com.

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