Breadth is in the bulls’ camp, trenders have once again been yanked back $study

It is not suppose to be like this.  A trend should set up and go, but this market is being yanked back and forth so much that the trenders are having a hard time getting in and staying a course.  Today our trending indicators are firing full bull.  We still think the market is losing some momentum so we remain cautious.

The Zweig is needing to break the 57 area:

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The CVI needs to get above 60K.

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Our 40 DPI broke the upper lower high trend line, that is good for the bulls:

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And what do I think is the most bullish of all?  The NH/HL indicator remains very strong:

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Which brings us to our trenders that have aligned to the bulls’ side:

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