Blog Post: GMI declines to 4 of 6; More US stocks at yearly lows than highs on Friday (96 vs. 74); but $QQQ is at 27th day of short term up-trend; $NVDA is no longer in RWB up-trend and looking weak, see daily GMMA chart

NVDA has now closed below all 12 moving averages. (Dotted line is close.) It has also failed to hold its green line.

The GM is now at 4. The successful new high component is now negative and there were fewer than 100 new highs on Friday.