Breadth Bounce in the Works

We are now at the bottom trendline on the Zweig at 50.  The combination of the 2% price pullback and  time have managed to move the Zweig into a full correction value.  Should we fall apart and move below 40, that would start the hunt for a confirming thrust.  We will save that for when the Irish riot.

CVI is one with the price, not much to see here:

Surprisingly, the 40 DPI did not have much movement:

Our NH/NL is just amazing.  What can we say.  No one wants to sell their winners.

We lost a trender to the bears but it often turns early. I would be more worried if we were below the 15 DMA

Our Cumulative NH/NL indicator is really strong still: