From Friday’s action, we have breadth wanting a little upside.

Our Zweig is up and over the 40. That starts a Zweig thrust countdown.  We would like to see it go back below 40 again, however, for a 2nd countdown.  We don’t think this market is ready to rip another bull run just yet.  We need to see a little floundering first.

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The CVI not as excited as the Zweig:

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The 40 DPI is making a turn of its own:

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Disappointing on the NHs/NLs.   If we can keep this gap, we should see a nice +25 on today’s reading:

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Our Trenders remain bearish.  Surprise…

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