The bifurcated market is clearly evident in the fact that the QQQ is above its 10 week average while the SPY and DIA remain below. So the GMI which is heavily oriented towards the QQQ has now gone to Green, 4 days after it turned Red. The QQQ short term trend has also changed to up. I usually wait for 5 days of a new QQQ short term trend to trade it aggressively. I did nibble at TQQQ on Friday. Time will tell.