Breadth returns to full bear, looking for a Zweig 40 reading to reset $study

We lost our little glimmer of breadth strength with Friday’s price action and has breadth back a full bull.

 

On our Zweig we are looking for a return to oversold in the 40s.

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Our CVI continues to head lower:

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For the bulls they are gong to like the slowing momentum on our 40 DPI chart:

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New High/New Low chart is actually in a decent location.

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Our long term trenders are keeping us bearish. The McSi is on a double bottom.

 

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The bears have a managed to push our 4W NH/NL Lower

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