GMI Trend Analysis

How to Use GMI Trend

Trading Strategy
  • Green Market:
    • Go long SPY/QQQ
    • Use stops 7-8% below entry
  • Red Market:
    • Go short SPY/QQQ
    • Use stops 7-8% above entry
Important: Always use stop losses to protect your capital.

Three-day rule: Trend changes only after 3 consecutive days of opposite condition

Current Market Status

SPY YTD: -9.96%

QQQ YTD: -12.96%

Latest GMI Reading

GMI Value: 2/6

Date: 2023-06-06

Market Trend (3-Day Rule): Red

Date GMI Value Trend Status 10-Day New High Index 52-Week Highs QQQ Daily Top 10 SPY Daily Top 50 QQQ Weekly Top 10 Multifund
2023-06-06 2 Red ✗ (N/A) ✓ (281.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-06-05 2 Red ✗ (N/A) ✓ (163.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-06-02 2 Red ✗ (N/A) ✓ (260.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-06-01 2 Red ✗ (N/A) ✓ (159.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-31 1 Red ✗ (N/A) ✓ (96.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-30 2 Red ✗ (N/A) ✓ (149.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-26 2 Red ✗ (N/A) ✓ (171.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-25 2 Red ✗ (N/A) ✓ (136.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-24 1 Red ✗ (N/A) ✓ (94.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-23 2 Red ✗ (N/A) ✓ (103.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-22 2 Red ✗ (N/A) ✓ (188.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-19 2 Red ✗ (N/A) ✓ (154.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-18 2 Red ✗ (N/A) ✓ (253.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-17 2 Red ✗ (N/A) ✓ (187.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-16 2 Red ✗ (N/A) ✓ (105.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-15 2 Red ✗ (N/A) ✓ (144.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-12 2 Red ✗ (N/A) ✓ (108.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-11 2 Red ✗ (N/A) ✓ (136.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-10 2 Red ✗ (N/A) ✓ (173.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-09 2 Red ✗ (N/A) ✓ (145.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-08 2 Red ✗ (N/A) ✓ (162.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-05 2 Red ✗ (N/A) ✓ (189.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-04 2 Red ✗ (N/A) ✓ (117.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-03 2 Red ✗ (N/A) ✓ (127.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-02 2 Red ✗ (N/A) ✓ (114.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-05-01 2 Red ✗ (N/A) ✓ (192.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-04-28 2 Red ✗ (N/A) ✓ (157.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-04-27 2 Red ✗ (N/A) ✓ (129.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-04-26 1 Red ✗ (N/A) ✓ (77.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-04-25 1 Red ✗ (N/A) ✓ (66.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗
2023-04-24 2 Red ✗ (N/A) ✓ (139.00) ✗ (N/A) ✗ (N/A) ✗ (N/A) ✗

Showing entries from 2023-04-24 to 2023-06-06

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