Breadth Remains Bullish in a Buy the Dips mode $study

Our breadth continues to improve on most charts, we are awaiting some important confirmations before assigning a trend reversal. Some higher highs need to be in place.

 

The Zweig needs a few two to one plus days to break that 61.5.

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Our CVI is tracking price almost perfectly.  Like price it is floating in a neutral area looking to establish a higher high or not.

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Our 40 DPI has the higher low in place, need the higher high:

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The new high / new low ratio is finally at the top of the chart.  Once a trend is establish, this chart should settle to an upper end ripple.

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Our Trenders remain on the bullside.

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