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Bulls Need a Bounce Now in Breadth

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Bulls Need a Bounce Now in Breadth

A little bounce yesterday, but a weak start today has us wondering a little.  But we did hit our downside objective in price, so we like the prospect of some intervention today propping the markets up through the weekend.

Our Zweig continues to hold:

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CVI.. Not much info here, still weak:

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Our 40 DPI is there for a hold:

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This will be hard to hold if this open holds:

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Our trenders: Bearish

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Posted-In: Trading Ideas

 

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