Score: +6 In a tight range day, the bulls still managed to score positive, but those 52 week new highs are in danger again. A bearish score on the 52 week new highs have us in a consolidation range. We are looking to establish the lower range. Our ten...
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Score: +6 The 52 week new highs have us a little concerned about more upside as the cream of the crop is not advancing the market, we have a lifting tide situation. The RUT came through with a decent performance but the 52 the NYSE and Nasdaq Comp were not able to...
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Score: +8 Although the bulls did not hold the highs from yesterday, the did keep a bullish breadth score. The default is still to the upside. All good for the 52 week new highs. The 10 day cycles remain the weak link as the upside momentum is slow. ...
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Score: –2 The bulls lost a little ground, but breadth remains bullish despite the score. The 52 week new highs are struggling and the bulls need another breakout day, a piston fire to regain momentum. The 10 Day cycles remain flat.. which is ok for a slow grind up. ...
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Score: +14 The bulls trend continues, ten day cycles bear watching. 52 week new highs need to start moving here to sustain the upside. Our ten day cycles are suggesting a steady paced grind. No rush to get in is the message, but meanwhile the markets keep creeping higher....
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Score: +8 Three in a row, here we go. Wednesday was an easy day for the bulls, today to get a bullish score should produce some challenges. A gap open, should we hold through the initial jobless claims will really impress and put the bulls onto their pace. 52 week new...
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Score: +10 Finally, a two day signal that sets a trend. The bulls had a hard set of numbers to beat, but the gap up and hold allowed for a decent day for the bulls. There is a headwind this morning with a gap down, so a bullish or neutral score today would...
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Score: +16 It was the bull’s turn yesterday and today they have to hold this gap to claim a victory. We have see-sawed our breadth since Dec 17, that pattern could break today. Our 52 week new highs look goo. The 10 day cycles are looking decent. Today will be a...
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Score: -6 The bulls failed to follow through on Friday leaving the breadth again cycling in an every other day pattern. While the Nasdaq did its magic, the NYSE and RUT disappointed. The NYSE has negative momentum now. Waiting for a wind in either direction. The 10 day cycles have...
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Score: +16 Nice breadth by the bulls, so back we run in a day by day battle here. Someone needs to follow through to get the crown. Breadth and our 50 DPI remain on the bull side so buy those unbelieved dips is the mantra. 52 Week new highs missed turning...
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