Wave that Zwieg Off. False Alarm, But the Bulls Are Still in a Great Position…

Well, we missed our ZBT we have been hyping for the last 10 days.  Disappointed, but there is always next time.  You can see the Zweig, now double-topped, just shy of the goal line.  We should actually go oversold in the not to distant future.

This remains the problem chart for the bulls with a lower cumulative volume here at these levels.  We want that 69,000 level to break.

Nice 40 DPI:

Really great NHs/NLs

Our Trenders are all in order for the bulls: