We are at a double top in price on the SP500 and watching breadth closely. There are no extremes showing which could indicate a breakout / breakthrough in process. One might think a little pullback here to get a running jump up and over as necessary. It does not look like we are going to get a capitulation type reversal, at least not yet.
Our Zweig is sitting at the 57 area quite comfortably.
The CVI is up and over:
The 40 DPI is a little divergent here:
The ever strong NH/NL index looks just a little tuckered, something to start watching for a bearish reversal.
The Trenders remain Bullish, both of them:
