We have a split decision for the breadth setup today. Aside from the confused trenders, the other charts look fairly decent.
Our Zweig is in a reasonable area for a return to an upside run:
The CVI looks really great for the bulls:
The 40 DPI is not saying anything is wrong yet:
Our New HIgh / New Low indicator also looks fantastic for the bulls:
The McCSI is showing a momentum top in place, watch the 15 DMA for confirmation:
The cumulative 4 week new high/new low remains for the bulls, although some what hesitantly.