Good News? Breadth returns to Neutral. Bad News? It needs upside follow through to stay or turn bullish. $study

We finally have a trend change on the long term trenders.  The Zweig should some good improvement.  We need a couple more days like this.

 

We started day 6 which is half way through the count and we are just a halfway to our goal.  We should be 75% as that last 25% is really really hard.

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Our CVI turned nicely higher, still we need some pattern in it to make is useful.

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The 40 DPI remains very weak but improving.

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our NH/NL ratio look really good.  Would have been nice to have it pop on the open today though.

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And finally one day wonders on the trenders that have them neutral.  If we can follow through with a bullish day they will officially turn bullish on the record.

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