Monday, October 27, 2014

GMI from Wishing Wealth Blog


http://wishingwealthblog.com/2005/04/the-wishing-wealth-general-market-index/

GMI stands for general market index. It is a market breath indicator developed by http://wishingwealthblog.com/.

Today wishingwealthblog posted a blog which shows the GMI performance since year 2006

http://wishingwealthblog.com/2014/10/gmi-performance-since-2006-gmi-flashes-a-buy-gbl-rcpt-takes-off-glb-ew/

I copied the image as shown below. The rule is

Sell if GMI went at 2 or below for 2 consecutive days
buy if GMI went at 4 or above for 2 consecutive days.