Lower highs all around – is the top in? Neither of the trenders is in bull-mode now, we have a neutral and a bear reading. If the bears can follow through today. the flow should move to the other side.
The Zweig is down below 50, we will watch for a hold above 43:
CVI is still in price mimic mode:
The number of stocks above their 40 day moving average takes a big dive down:
This is the item that makes us think that the up is not over:
Trenders are now out of the bull camp:
The McCSI is now in Bear Mode:
The CNH/NL is now neutral… The bears need to follow through: