Score: +18 As one would expect the breadth score y’day was a perfect bull score. 52 week highs soared, 10 day cycle is back to bullish and the 50 DPI! Up to 84.8% of stocks are now above their 50 day moving average. We had been down to 8% on that indicator, so...
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Score: +18 The bulls regained their footing, now they need some follow through Follow through requested. Bulls need to at least match today. Easy goal line for the bulls today. Failure to achieve would be a sign of pending weakness The 50 DPI struggles higher, getting closer to extreme Follow me...
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Score: –6 The bears took some of the snort away y’day and breadth ended up at –6 as the 10 day cycles resumed their negative momentum. No higher on the 52 week new highs The 10 day cycles resumed their negative trend and today will be tough for the bulls to...
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Score: +18 A really nice Monday has the breadth at a perfect bull score. All engines firing now. 52 week new highs are blossoming as we pull back out of the dip. The 10 DHL momentum has changed back to the upside. The 50 DPI continues to reach. At some point it...
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Score: +12 Friday’s action saw some great bullish building breadth. 52 Week new highs are beginning to really move now. Today should be a fairly easy neutral day at worst. The 10 DHL is moving along happy putting in stronger days: Need to watch closely here for the Nasdaq and Rut...
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Score: –6 Bulls not able to hold breadth as 52 week new highs deteriorate and the 10 day cycles are in a bear mode. The indexes are going to need a great day today to recover bullish mode, that mean up and over the 100DMA The 10 DHL has establish a negative...
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Score: 0 The bears were able to punch the market down, but 52 week new highs blossomed, giving us a sign that things might be better than they appear. The cream of the crop is starting to float to the top. The 10 day cycle, however, has turned bearish across the...
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Score: +14 In what can only be considered an impressive comeback, the bull regained their footing and pushed the breadth score back into bull territory. Follow through being watched today. The NYSE new highs were very impressive. Today’s open should we end up with this gap up should help propel the Nasdaq...
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Score: –10 The bulls just have not been able to put in that perfect +18 bull score, missing on Friday with just a +2 on the 52 week new highs. The Nasdaq managed a neutral score, keeping the 52 week new high down to a –4. With such high readings,...
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Score: +18 The Bulls did it again, put in another perfect bull score and sets up Monday for some raucous fun. All green across the board here. The NYSE new highs have stalled here at 22, we need to see some building. The ten day cycle regained its composure. How beautiful...
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