All of my GMI components are positive. IBD still sees uptrend under pressure.
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2nd day of $QQQ short term up-trend; All that Jazz!
Jazz takes off, with an RWB pattern and a close above its green line top.
1st day of $QQQ short term up-trend
The new up-trend will have to last 5 days for me to have confidence in it. It is very strange and noteworthy that only a minority of the Nasdaq 100 stocks rose as that index advanced. IBD still sees the market uptrend under pressure.