All of my GMI and GMI-2 indicators are now positive. One concern, however, is that the T2108 Worden indicator is now at 77%. This means that 77% of the NYSE stocks closed above their average price over the last 40 days. The closer T2108 is to 90% the more over bought the market tends to be. Check out this monthly chart of T2108, available in the Worden TC2000 software.
Bought some BRKB on Thursday. It had a nice green line break-out to an all-time high on above average volume. Check out its weekly chart.
And its daily chart.
