Our breadth is flagging trouble as the number of weaker signals continues to grow.
The Zweig breadth indicator has a lower high established, we are now looking for that 46 level to break to put in a lower low.
The CVI has a little head and shoulders forming:
The 50 DPI has a bearish divergence which we have marked on the charts:
Our New High / New Low chart is actually hanging in pretty OK for the bulls:
The trenders remind us that we have been here before on the bearish shelf, but the trend since the 4th of July has been bullish and up overall:
