Breadth Showing some topping behavior.. $Study

Breadth, like quite a few other indicators, will top long before price action will begin to fail.  We are starting to see some upside loss of momentum on quite a few of our indicators.

 

The Zweig is showing a little sideways action, needing some follow through.

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Our CVI Follows price action the closest.  Note its current reading to the last pivot high around July 2nd.  If it goes much lower it will be bearish divergence.

We have the same setup on our 50 DPI

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Our NH/NL was actually red yesterday:

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The Trenders still remain bullish:

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