Score: –4 Only the NYSE put in higher daily readings, the RUT and Nasdaq just missed. None of the indexes were able to negate the negative momentum so we end up with a score of –4, two on the negative side for the NAZ and RUT and a neutral score for the NYSE....
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Score: –2 NYSE moved to the bear-side while the NASDAQ and RUT remained neutral for a second day. It will require higher prints today to restore bullish breadth or a run back up to the recent highs to get us back to neutral. As a note, I have not quantified but briefly looking...
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![10 day highs minus lows move to neutral on and NR7 day.. $SPX [chart]](http://redliontrader.com/wp-content/uploads/10dayhighsminuslowsmovetoneutra.SPXchart_11EA0/image_thumb.png)
Score: +0 The weakness today (rather small weakness) was enough to get our 10 DHL to neutral with lower daily bars but still rising momentum. Video: How to interpret 10 Day Highs minus Lows Download: StockFinder 5.0 10 DHL code Follow me on twitter: @redliontrader
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![10 Day highs minus lows building their case .. $SPX [Chart]](http://redliontrader.com/wp-content/uploads/10Dayhighsminuslowsbuildingthei.SPXChart_5C4B/image_thumb.png)
Score: +6 The 10 DHL has now run 5 days of higher highs and reached about as high as it has since the March 9th 2009 bottom. I would expect some consolidation for Tuesday. Maybe a gap open that fails. Video: How to interpret 10 Day Highs minus Lows Download: StockFinder 5.0 10 DHL...
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Score: +6 A perfect bull score for the 10 day highs minus lows from Thursday’s action. There is room here for some more upside before hitting the oversold so watch for a price breakout and follow through. Video: How to interpret 10 Day Highs minus Lows Download: StockFinder 5.0 10 DHL code Follow me...
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![10 day highs minus lows continue to strengthen.. a must call for a rally $spx [chart']](http://redliontrader.com/wp-content/uploads/10dayhighsmin.amustcallforarallyspxchart_112D7/image_thumb.png)
Score: –0 We continue to build a higher differential between new highs and new lows on a ten day basis. More importantly today we crossed the boundary and made more new highs than lows. The trend continues to increase and tomorrow we begin to hit some low hurdle bars that could make changing...
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![10 Day highs minus lows index has turned neutral from bearish.. $SPX [chart]](http://redliontrader.com/wp-content/uploads/10Dayhighsminuslowsindexhasturn.SPXchart_FE3D/image_thumb.png)
Score: –0 The 10 DHLs for all thee indexes put in stronger daily bars but the momentum bars are still curled, this scores a neutral 0. The index is waiting for either weaker daily bars to confirm bear or enough new highs to curl the momentum indicator to the bull side. If we get...
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Score: –6 10 Day high minus lows’ bearish tone was set in stone on the down move today. The NYSE still has not crossed into negative territory but its lower daily and downward momentum indicator have it as well as the weaker Nasdaq and RUT on full bear signals. Video: How to interpret...
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Score: -6 Friday’s price action turned the 10 DHLs around and are now heading down both the daily and the momentum indicators are now on the weak side. The NASDAQ and RUT did a zero crossing on Friday meaning as a group of stocks they are making more 10 day lows than highs. ...
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Score: +0 The 10 DHL can not advance if the market is unable to make new highs which has been the case for the last couple of days. Another lack of a new high today and the indicator will fall off into the bear camp. Weakness has crept into the latest bull run.....
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