Breadth remains unconvincing for the bulls, but we are starting to develop some divergences $study

We are watching closely the divergent behavior of breadth as price continues to strike lower but breadth is holding above previous levels.  That is how bottoms, good solid bottoms, are put in place.

We are disappointed that our Zweig indicator is one of the those, unable to penetrate below the 40 to restart the counter.

Our CVI is not diverging, it is following price very closely:

Our 40 DPI, however is on a divergent course:

As is our NH/NL indicator:

And here is the trenders still staying steadfastly bearish.  I think that might change in the next few days even on a hold here.