10 Day Hi Lo – turns fully bullish

Score: +6

If the price action today did not convince you the breadth charts are confirming that the markets have made a bottom here.  How high will we go.. well we don’t know that but for know the market is saying long is where it is at.  All three tracked indexes put in higher daily bars as well as strength to turn the momentum indicators to the long side.


We now start watching for weakness while we trade long. image 

Video: How to interpret 10 Day Highs minus Lows

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