Stock Market Technical Indicators & Analysis
The GMI remains at the maximum of 6. 
All indexes in this table are in up-trends. According to the Worden indicator, 80.21% of all stocks closed above their 40 day averages. Market tops have tended to occur in the 82-83% area. Should we sell in May and go away?
See prior post for my disclaimers.
The GMI remains at 6. 
All major indexes remain in up-trends. The QQQQ and SPY have closed above their 10 week averages for three weeks.
While the GMI is still at 6, the local traders’ meet-up meeting was packed. In prior meetings of the other local IBD meet-up, when the crowds came back, we were not far from a market top. We had standing room only last night. Contrary indicator?
Note disclaimers at bottom of prior post.