GMI signals applied to $QQQ

GMI1/6
GMI-20/8
T210823%

Below is a chart of the GMI signals applied to the QQQ since 2006, when I started it.  It has kept me out of the major declines and back in afterwards, although not at the exact bottom. This is a trend following tool. The GMI signals are computed differently than my short term trend count for the QQQ, currently at D-6.

screen-shot-2016-11-06-at-5-42-27-pm

Here is just the past 3 years.
screen-shot-2016-11-06-at-5-45-11-pm

The GMI is currently 1 (of 6) and on a Red signal since October 12. I am very defensive for now.  Thank you to my co-instructor, David McCandlish, for creating the charts above.

gmi11042016

 

 

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