We remain intermediate bearish thinking there is more downside below 1400, but we do have to say these daily charts are looking reversaly (is that a word?) to us. Pre-market has us concerned about selling. If we do we think it is emotional based should find some buyers around the 1400 area on the ESz.
Our Zweig is in a bullish reversal pattern. A good run today by the bulls and they will own the momentum:
Same pattern on the CVI:
Ditto for the 40 DPI:
The NHs/NLs are hitting a short-able area, or triggering a thrust here for higher prices:
The trenders remain bearishly neutral:
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