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.

Single day rule: Trend changes immediately when GMI value crosses above/below 3

Current Market Status

SPY YTD: -9.96%

QQQ YTD: -12.96%

Latest GMI Reading

GMI Value: 5/6

Date: 2024-06-05

Market Trend (1-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
2024-06-05 5 Green ✗ (0.16) ✓ (313.00) ✓ (271.59) ✓ (160.42) ✓ (271.59) ✗
2024-06-04 5 Green ✗ (0.12) ✓ (156.00) ✓ (265.78) ✓ (158.26) ✓ (265.78) ✗
2024-06-03 5 Green ✗ (0.07) ✓ (225.00) ✓ (264.34) ✓ (157.72) ✓ (264.34) ✗
2024-05-31 3 Red ✗ (0.03) ✓ (225.00) ✗ (262.03) ✓ (157.06) ✗ (262.03) ✗
2024-05-30 2 Red ✗ (0.04) ✓ (183.00) ✗ (262.87) ✗ (156.36) ✗ (262.87) ✗
2024-05-29 5 Green ✗ (0.18) ✓ (134.00) ✓ (266.71) ✓ (158.36) ✓ (266.71) ✗
2024-05-24 5 Green ✗ (0.09) ✓ (294.00) ✓ (266.10) ✓ (158.90) ✓ (266.10) ✗
2024-05-23 3 Red ✗ (0.27) ✓ (140.00) ✗ (262.17) ✗ (157.98) ✓ (262.17) ✗
2024-05-22 3 Red ✗ (0.23) ✓ (211.00) ✗ (263.30) ✗ (158.89) ✓ (263.30) ✗
2024-05-21 5 Green ✗ (0.37) ✓ (406.00) ✓ (263.62) ✓ (159.16) ✓ (263.62) ✗
2024-05-20 5 Green ✗ (0.24) ✓ (461.00) ✓ (262.14) ✓ (158.23) ✓ (262.14) ✗
2024-05-17 3 Red ✗ (0.29) ✓ (409.00) ✗ (261.13) ✗ (157.75) ✓ (261.13) ✗
2024-05-16 4 Green ✓ (0.53) ✓ (320.00) ✗ (261.28) ✗ (157.51) ✓ (261.28) ✗
2024-05-15 5 Green ✗ (0.29) ✓ (631.00) ✓ (262.38) ✓ (158.20) ✓ (262.38) ✗
2024-05-14 5 Green ✗ (0.29) ✓ (450.00) ✓ (258.52) ✓ (155.91) ✓ (258.52) ✗
2024-05-13 2 Red ✗ (0.33) ✓ (289.00) ✗ (256.29) ✗ (155.08) ✗ (256.29) ✗
2024-05-10 4 Green ✗ (0.28) ✓ (363.00) ✓ (256.99) ✗ (155.31) ✓ (256.99) ✗
2024-05-09 5 Green ✗ (0.18) ✓ (464.00) ✓ (256.43) ✓ (155.06) ✓ (256.43) ✗
2024-05-08 5 Green ✗ (0.25) ✓ (323.00) ✓ (255.17) ✓ (154.50) ✓ (255.17) ✗
2024-05-07 4 Green ✗ (0.34) ✓ (367.00) ✗ (255.13) ✓ (154.47) ✓ (255.13) ✗
2024-05-06 5 Green ✗ (0.25) ✓ (385.00) ✓ (255.06) ✓ (154.08) ✓ (255.06) ✗
2024-05-03 5 Green ✗ (0.15) ✓ (302.00) ✓ (250.92) ✓ (151.88) ✓ (250.92) ✗
2024-05-02 4 Green ✗ (0.09) ✓ (228.00) ✓ (244.93) ✓ (149.71) ✗ (244.93) ✗
2024-05-01 4 Green ✗ (0.07) ✓ (143.00) ✓ (241.80) ✓ (148.68) ✗ (241.80) ✗
2024-04-30 2 Red ✗ (0.29) ✓ (116.00) ✗ (241.12) ✗ (148.51) ✗ (241.12) ✗
2024-04-29 2 Red ✗ (0.31) ✓ (224.00) ✗ (246.25) ✗ (150.30) ✗ (246.25) ✗
2024-04-26 5 Green ✗ (0.16) ✓ (173.00) ✓ (246.39) ✓ (150.40) ✓ (246.39) ✗
2024-04-25 4 Green ✗ (0.18) ✓ (131.00) ✓ (241.41) ✓ (148.53) ✗ (241.41) ✗
2024-04-24 3 Red ✗ (0.15) ✓ (146.00) ✗ (247.17) ✗ (150.62) ✓ (247.17) ✗
2024-04-23 5 Green ✗ (0.13) ✓ (163.00) ✓ (246.33) ✓ (150.78) ✓ (246.33) ✗
2024-04-22 5 Green ✗ (0.06) ✓ (103.00) ✓ (242.07) ✓ (148.51) ✓ (242.07) ✗

Showing entries from 2024-04-22 to 2024-06-05

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