The GMI is at 6 (of 6) and the more sensitive GMI-2 is at 8 (of 8). Friday was the 13th day of the current QQQ short term up-trend (U-13).
Dr. Wish
12th day of $QQQ short term up-trend; Gold breaking support
GLD has now closed below its critical 30 week average (red solid line). It could be forming the right shoulder of a head and shoulders bottom formation or be starting a new leg down. Time will tell. Click on chart to enlarge.
