GMI flashes Sell

GMI2/6
GMI-25/8
T210828%

While the GMI has flashed a Sell signal, I am waiting a few more days to see if its technical components weaken or snap back.   For now I am mainly in cash and a little short in my trading accounts. Thursday was the second day of the new QQQ short term down-trend, but it could reverse with a strong day on Friday.

2 thoughts on “GMI flashes Sell”

  1. I notice on your blog that the GMI-2 is showing 5 of 6. Recently you changed the GMI-2 criteria to 10. Should the GMI-2 indicate 5 of 10 or have you gone back to using 6 criteria for the GMI-2?

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