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.

Two-day rule: Trend changes only after 2 consecutive days of opposite condition

Current Market Status

SPY YTD: -9.96%

QQQ YTD: -12.96%

Latest GMI Reading

GMI Value: 3/6

Date: 2024-09-04

Market Trend (2-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
2024-09-04 3 Red ✗ (0.14) ✓ (306.00) ✓ (276.66) ✓ (278.51) ✗ (276.66) ✗
2024-09-03 2 Red ✗ (0.39) ✓ (232.00) ✗ (276.44) ✗ (278.93) ✗ (276.44) ✗
2024-08-30 4 Red ✗ (0.19) ✓ (616.00) ✓ (284.32) ✓ (284.38) ✗ (284.32) ✗
2024-08-29 2 Red ✗ (0.11) ✓ (398.00) ✗ (281.14) ✗ (281.31) ✗ (281.14) ✗
2024-08-28 2 Green ✗ (0.26) ✓ (278.00) ✗ (281.48) ✗ (281.31) ✗ (281.48) ✗
2024-08-27 4 Green ✗ (0.31) ✓ (418.00) ✓ (284.93) ✓ (283.47) ✗ (284.93) ✗
2024-08-26 2 Green ✗ (0.35) ✓ (469.00) ✗ (284.18) ✗ (282.72) ✗ (284.18) ✗
2024-08-23 5 Green ✗ (0.14) ✓ (691.00) ✓ (286.26) ✓ (283.88) ✓ (286.26) ✗
2024-08-22 3 Green ✓ (0.51) ✓ (242.00) ✗ (283.80) ✗ (281.80) ✗ (283.80) ✗
2024-08-21 5 Green ✗ (0.28) ✓ (476.00) ✓ (288.41) ✓ (284.79) ✓ (288.41) ✗
2024-08-20 6 Green ✓ (0.69) ✓ (276.00) ✓ (287.18) ✓ (284.21) ✓ (287.18) ✗
2024-08-19 5 Green ✗ (0.44) ✓ (455.00) ✓ (287.19) ✓ (283.03) ✓ (287.19) ✗
2024-08-16 6 Green ✓ (0.64) ✓ (313.00) ✓ (284.54) ✓ (280.79) ✓ (284.54) ✗
2024-08-15 5 Green ✗ (0.28) ✓ (292.00) ✓ (285.54) ✓ (281.14) ✓ (285.54) ✗
2024-08-14 3 Green ✗ (0.20) ✓ (285.00) ✗ (279.42) ✓ (277.12) ✓ (279.42) ✗
2024-08-13 4 Green ✗ (0.07) ✓ (238.00) ✓ (279.43) ✓ (275.46) ✓ (279.43) ✗
2024-08-12 3 Green ✗ (0.11) ✓ (165.00) ✓ (273.33) ✗ (270.17) ✓ (273.33) ✗
2024-08-09 4 Green ✗ (0.13) ✓ (175.00) ✓ (272.25) ✓ (269.70) ✓ (272.25) ✗
2024-08-08 4 Red ✗ (0.04) ✓ (164.00) ✓ (269.07) ✓ (266.48) ✓ (269.07) ✗
2024-08-07 2 Red ✗ (0.04) ✓ (145.00) ✗ (261.35) ✗ (259.01) ✓ (261.35) ✗
2024-08-06 4 Red ✗ (0.01) ✓ (133.00) ✓ (263.93) ✓ (260.86) ✓ (263.93) ✗
2024-08-05 3 Red ✗ (0.15) ✓ (96.00) ✓ (260.12) ✓ (257.53) ✓ (260.12) ✗
2024-08-02 2 Red ✗ (0.13) ✓ (284.00) ✓ (269.55) ✗ (266.93) ✗ (269.55) ✗
2024-08-01 1 Red ✗ (0.23) ✓ (266.00) ✗ (274.38) ✗ (271.17) ✗ (274.38) ✗
2024-07-31 5 Red ✗ (0.18) ✓ (480.00) ✓ (277.20) ✓ (272.50) ✓ (277.20) ✗
2024-07-30 2 Red ✗ (0.15) ✓ (478.00) ✗ (270.54) ✗ (268.27) ✗ (270.54) ✗
2024-07-29 1 Red ✗ (0.12) ✓ (284.00) ✗ (274.14) ✗ (270.61) ✗ (274.14) ✗
2024-07-26 3 Red ✗ (0.08) ✓ (583.00) ✓ (273.36) ✓ (270.09) ✗ (273.36) ✗
2024-07-25 1 Red ✗ (0.02) ✓ (356.00) ✗ (270.37) ✗ (267.85) ✗ (270.37) ✗
2024-07-24 1 Red ✗ (0.00) ✓ (159.00) ✗ (274.66) ✗ (271.76) ✗ (274.66) ✗
2024-07-23 3 Red ✗ (0.07) ✓ (503.00) ✓ (287.81) ✗ (280.71) ✓ (287.81) ✗

Showing entries from 2024-07-23 to 2024-09-04

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