Good News? Breadth returns to Neutral. Bad News? It needs upside follow through to stay or turn bullish. $study

We finally have a trend change on the long term trenders.  The Zweig should some good improvement.  We need a couple more days like this.

 

We started day 6 which is half way through the count and we are just a halfway to our goal.  We should be 75% as that last 25% is really really hard.

Our CVI turned nicely higher, still we need some pattern in it to make is useful.

The 40 DPI remains very weak but improving.

our NH/NL ratio look really good.  Would have been nice to have it pop on the open today though.

And finally one day wonders on the trenders that have them neutral.  If we can follow through with a bullish day they will officially turn bullish on the record.

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