It is looking slightly bears for the 10 day highs minus lows from Tuesday.. $spx

Score: –2

 

NYSE moved to the bear-side while the NASDAQ and RUT remained neutral for a second day.  It will require higher prints today to restore bullish breadth or a run back up to the recent highs to get us back to neutral.  As a note, I have not quantified but briefly looking large drop offs in 10 DHL’s from high spots lik the 56 number on Monday usually give us at least a one day bounce to the upside.

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Video: How to interpret 10 Day Highs minus Lows

Download: StockFinder  5.0 10 DHL code

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