GMI signals applied to $QQQ, January, 2016-April 18, 2019

GMI5/6
GMI-27/8
T210859%

Every day after the market closes I compute the GMI total (out of 6) and post the current Red or Green signal. The chart below shows how the QQQ has acted during the times of a Red or Green signal The criteria for a change in color are described below the chart. The GMI helps me to trade consistent with the longer term trend of the market. The GMI is currently at 5 (of 6) and remains on a Green signal.


 

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