Breadth looking like it wants to take a break, but those new highs / new lows… $study

Those New Highs / New Lows remain so strong, and our cumulative NH/NLs keeps us in an upside trend, but patience is beginning to wear out.

 

The Zweig looks correcting.

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The CVI, again, just following price:

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Our 40 DPI is just starting to curl again now:

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New Highs / New Lows – What can we say… soooo strong

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The Trenders are once again split:

The McCSI  has again moved its one day bullish score to neutral, not quite ready to stay on a side yet.

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The slowing upside momentum is taking a toll on the cumulative NH/NL index, giving that 15 DMA (the dotted line) a chance to squeeze back in.  A cross below and we start sounding the bear sirens.

 

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