Bulls are pushing back, but will need quite an effort to thrust up through the current area and then on to the recent highs and then higher highs. Breadth is not showing anything obvious that would prevent them from doing that.
Our Zweig is up just a little, we would like to see a nice move up to convince us that this market is really firing.
The CVI looks the same.
Our 50 DPI is looking much the same, we would like to see that 80 area hit this week again.
We don’t like the red NH/NL day put in yesterday. We would like to see that go higher:
Our Trenders remain upside looking: