Breadth remains in the Domain of the Bull, but the bulls need some time to retrench. $study

That retrenchment has a good shot of being over today.  Breadth was out of control but is now coming back to the real of probability.

 

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Not much to say on the Zweig today.  Looks ok.

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We mentioned the CVI yesterday up against the upper trendline.  We are still in bull mode here.

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Nothing to say here except we think this should head to the upper 70s so there is room to go.

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Our NH/NL indicator should start to diverge in here, that does not mean bearish, we would like to see it oscillate in a tight range.

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Our longer term cycles remain in bull mode.

 

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