We are watching closely today to see if this is a bounce or if there will be follow-through and a re-strengthening of breadth.
Our Zweig remains below 50, we would like to see that number crossed, but the starting line is currently moved back with a gap down.
The CVI continues to mimic price 1:1 that is not useful.
The 40 DPI found some support here. Again, it is about follow-through.
New Highs / New Lows, no way! Look at this chart, people are still bullish for quality.
For the trenders, they remain neutral / bearish.