I have been unable to retrieve the IBD mutual fund chart from their site and had to manually create the 50 day moving average tonight. In doing so, I found that the index closed below its 50 day average starting on January 24. This reduced the GMI to 2 on that day and produced a Sell signal a day earlier, on January 27. Also, IBD has now called the market in a correction. Wednesday was the 3rd day of the new QQQ short term down-trend.