Our breadth indexes remain strong and are putting our “buy the dip” theory to the test here. A great setup to test the resolve of a market, a market that people are being forced to buy into.
Our Zweig Breadth is showing the most damage on this pullback:
CVI looking for a turn here to the upside:
50 DPI looking particularly strong and un-threatened by the bears:
Our NH/HL is doing exactly what we are asking of it:
The Trenders are reminding us that we are in a bullish leg: