While our breadth remains quite bullish, the watch is on the 40 DPI which has two down days, indicating to us a weakening in the broader stocks. We saw some of that with a weaker Russell 2000 on Friday.
Our Zweig has a little bit of that dip down on it:
The CVI seems un-phased by any weakness it is witnessing and is on its way to rendezvous with Curiosity on Mars.
Our 40 DPI is the worrisome one:
The NH/HL is saying don’t worry:
And the trenders remain long and patient: