Bears making it very interesting: Look at the NH/NLs from yesterday, finally a move… $study

We had some really strong movements finally in the New Highs / New Lows, along with our 40 DPI.

The Zweig sits just above the oversold area now (40).

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CVI = PRICE:

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We were watching for follow-through and we got it.  Remember, though, we are still contained in the 3% pull back area.

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How’s that for a move.  It should be a one day wonder, which means bounce, and it will be amazing to watch where it is tomorrow.

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Trenders have left the bull side.  Watch that CUM HN/NL, it is about to do a dangerous cross.

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