The GMI and GMI-R remain at zero. There were 36 new highs and 988 new lows in my universe of 4,000 stocks on Tuesday. The last time there were more new highs was last January 22, when there were 1,453 new lows. The Worden T2108 Indicator is at 12%, still above the extreme low of 8% reached last week. Tuesday was the 24th day of the current QQQQ down-trend. Time to be in gold, short, or in cash.
Dr. Wish
GMI: 0; GMI-R: 0; 23rd day of QQQQ down-trend; DGP
The GMI and GMI-R remain at zero. There were 29 new highs and 548 new lows in my universe of 4,000 stocks on Monday. Monday was the 23rd day of the current QQQQ down-trend. The Worden T2108 indicator remains at 11%. Gold remains strong; the Ultra long gold ETF is DGP.
GMI: 0; GMI-R: 0; 22nd day of QQQQ down-trend
The GMI and GMI-R are both back to zero. There were 28 new highs and 711 new lows in my universe of 4,000 stocks on Friday. The Worden T2108 indicator is back to 11%, still above the low of 8% reached last Monday. Friday was the 22nd day in the current QQQQ down-trend. I hold short and long positions.