Breadth bearish, afternoon bounces not improving things. $study

Our breadth remains in the realm of the bears and a short the rallies which for the past few days has meant short the close as overnight selling prevails.

 

Our Zweig now has a lower low, we would love to get a market reset with a Zweig below 40.

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The Cumulative Volume continues to lead to the downside:

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As does our 40 DPI:

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And NH/NL

 

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Our longer term trenders remain on a bear trend: The McSI &

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the 4 week Cumulative NH/NL indicator:

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