imageDisappointment that we just couldn’t do it yesterday and get that extra two for a breadth thrust. We are so close, but that elusive prize sits just out of reach.

Our Zweig, remember, is based on the 10 day moving average, so what happened 10 days ago affects how the readings are made.  If we drop off a relatively strong day for a weak day, it has a double effect on today’s reading.  That happened yesterday, where the day was not too bad for the NYSE, but we dropped a strong day from 11 days ago and then added in a relatively weak day, bringing our average down.   The next couple of days are going to  be dropping some weak days, so we need to get just a couple 2:1 days and it will be in our grasp.

 

Oh so close, you can almost smell it.  4.5 away now.

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Our CVI took a little hook:

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We made a mistake and are publishing the 200 DPI today.  We usually publish the 40, but they are relatively close.  We are now back to having 50%+ stocks above their 200 DMA, that is an important number for tracking the years performance:

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Our NH/NLs are back into the elite area.  We will want to buy any dips below 40:

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Our trenders are unchanged from yesterday:

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