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: 5/6

Date: 2024-07-22

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
2024-07-22 5 Red ✗ (0.03) ✓ (378.00) ✓ (286.72) ✓ (280.22) ✓ (286.72) ✗
2024-07-19 2 Red ✗ (0.09) ✓ (137.00) ✗ (282.06) ✗ (276.94) ✗ (282.06) ✗
2024-07-18 2 Red ✗ (0.27) ✓ (154.00) ✗ (283.97) ✗ (278.46) ✗ (283.97) ✗
2024-07-17 2 Red ✗ (0.44) ✓ (506.00) ✗ (284.08) ✗ (281.60) ✗ (284.08) ✗
2024-07-16 2 Red ✗ (0.26) ✓ (1056.00) ✗ (292.92) ✗ (286.81) ✗ (292.92) ✗
2024-07-15 2 Red ✗ (0.34) ✓ (661.00) ✗ (294.62) ✗ (287.03) ✗ (294.62) ✗
2024-07-12 4 Red ✗ (0.24) ✓ (636.00) ✓ (293.59) ✓ (285.64) ✗ (293.59) ✗
2024-07-11 2 Red ✗ (0.35) ✓ (519.00) ✗ (294.21) ✗ (284.88) ✗ (294.21) ✗
2024-07-10 5 Red ✗ (0.13) ✓ (427.00) ✓ (304.89) ✓ (291.26) ✓ (304.89) ✗
2024-07-09 2 Red ✗ (0.21) ✓ (263.00) ✗ (301.73) ✗ (288.42) ✗ (301.73) ✗
2024-07-08 2 Green ✗ (0.33) ✓ (279.00) ✗ (301.37) ✗ (287.84) ✗ (301.37) ✗
2024-07-05 3 Green ✗ (0.22) ✗ (N/A) ✓ (301.88) ✓ (288.15) ✓ (301.88) ✗
2024-07-03 5 Green ✗ (0.21) ✓ (294.00) ✓ (295.61) ✓ (283.72) ✓ (295.61) ✗
2024-07-02 5 Green ✗ (0.16) ✓ (220.00) ✓ (292.60) ✓ (282.50) ✓ (292.60) ✗
2024-07-01 5 Green ✗ (0.20) ✓ (162.00) ✓ (288.84) ✓ (280.29) ✓ (288.84) ✗
2024-06-28 3 Green ✗ (0.21) ✓ (211.00) ✗ (284.76) ✗ (277.57) ✓ (284.76) ✗
2024-06-27 5 Green ✗ (0.12) ✓ (195.00) ✓ (288.43) ✓ (279.91) ✓ (288.43) ✗
2024-06-26 5 Red ✗ (0.21) ✓ (152.00) ✓ (287.72) ✓ (279.41) ✓ (287.72) ✗
2024-06-25 5 Red ✗ (0.24) ✓ (181.00) ✓ (285.14) ✓ (277.83) ✓ (285.14) ✗
2024-06-24 2 Red ✗ (0.31) ✓ (182.00) ✗ (280.96) ✗ (275.13) ✗ (280.96) ✗
2024-06-21 2 Red ✗ (0.16) ✓ (132.00) ✗ (283.22) ✗ (276.19) ✗ (283.22) ✗
2024-06-20 2 Green ✗ (0.28) ✓ (125.00) ✗ (285.16) ✗ (276.90) ✗ (285.16) ✗
2024-06-18 3 Green ✗ (0.38) ✓ (288.00) ✗ (287.54) ✗ (278.16) ✓ (287.54) ✗
2024-06-17 5 Green ✗ (0.16) ✓ (272.00) ✓ (288.82) ✓ (278.40) ✓ (288.82) ✗
2024-06-14 5 Green ✗ (0.19) ✓ (161.00) ✓ (284.87) ✓ (165.44) ✓ (284.87) ✗
2024-06-13 4 Green ✗ (0.40) ✓ (252.00) ✗ (283.66) ✓ (164.83) ✓ (283.66) ✗
2024-06-12 5 Green ✗ (0.24) ✓ (349.00) ✓ (281.59) ✓ (164.22) ✓ (281.59) ✗
2024-06-11 5 Green ✗ (0.24) ✓ (223.00) ✓ (277.63) ✓ (162.76) ✓ (277.63) ✗
2024-06-10 5 Green ✗ (0.07) ✓ (215.00) ✓ (273.77) ✓ (161.48) ✓ (273.77) ✗
2024-06-07 4 Green ✗ (0.19) ✓ (127.00) ✗ (272.13) ✓ (160.85) ✓ (272.13) ✗
2024-06-06 5 Green ✗ (0.29) ✓ (201.00) ✓ (272.02) ✓ (160.75) ✓ (272.02) ✗

Showing entries from 2024-06-06 to 2024-07-22

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