Things are starting to look a little raggedy in breadthville. One of the trenders returned to neutral after the last move up. The market needs to find a new spring board.
Our Zweig is only marginally concerning.
The CVI is ok:
Our 40 DPI is divergent:
The NH/NL remains quite bullish in our opinion.
A one day split decision for the trenders today:
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: MarketsTrading Ideas
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
