It’s a funny thing, suspending belief and following indicators, but off to the races we are and still looking OK for more.
The Zweig continues to improve:
The CVI is not making as much progress as we would like to see:
Our 50 DPI remains ok, note the divergence as we approach the previous market high with lower breadth readings.
This is the indicator that concerned us yesterday, it is now on the bulls side no problem.
Our backbone indicators remind us we are in a bullish trend: